24.03.2015 12:09
YEREVAN, March 24. /ARKA/. The U.S. economy is strengthening and an interest rate increase in June remains a possibility, Federal Reserve Bank of Cleveland President Loretta Mester said in an interview on Bloomberg Television in Paris on Monday.
She was quoted by vestifinance.ru as saying in her interview that the current weakness in the economy is “transitory” and she’s “more optimistic” about the outlook.
“The headwinds we have been suffering through are abating, financially both consumers and business balance sheets look good, banks are recapitalized,” she said. “So I see some strength of the economy.”
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