UPDATE 1-Fed's Mester says policy will remain accommodative for some time

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By Olachi in Business
Updated 3 years ago

(Adds details of Mester's outlook) May 6 (Reuters) - The economic outlook is brightening but more improvements are needed to the labor market and inflation before the Federal Reserve will start to scale back monetary support, Cleveland Fed Bank President Loretta Mester said on Thursday. The U.S. economy is still...

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