Cleveland Federal Reserve Bank President Loretta Mester speech to monetary policy forum, in New York.
Mester said there is less certainty of late liftoff costs. He noted that the timing of the first increase depends on the rule adopted. Mester stated that some rules already call for a rate increase.
CME Group is the world's leading and most diverse derivatives marketplace. The company is comprised of four Designated Contract Markets (DCMs). Further information on each exchange's rules and product listings can be found by clicking on the links to CME, CBOT, NYMEX and COMEX.