Fed's Mester expects U.S. economy to grow 2-2.5% in 2019: CNBC

Reuters

Published May 03, 2019 02:00PM ET

Fed's Mester expects U.S. economy to grow 2-2.5% in 2019: CNBC

(Reuters) - Cleveland Federal Reserve President Loretta Mester told CNBC on Friday that the U.S. economy remains in a strong position, adding that she forecasts a growth rate of 2 percent to 2.5 percent for 2019.

Mester also said she fully supports the U.S. central bank's "patient" monetary policy stance.