Former Cleveland Fed Pres. Mester: The path of the Iran war will determine the path of the economy

Former Cleveland Fed president Loretta Mester (now a senior scholar at Princeton's Griswold Center) appeared on Squawk Box to discuss the current state of the U.S. economy and the Fed's likely interest-rate path. Her comments provide qualitative guidance on monetary policy expectations and economic indicators to monitor, but contain no new policy decisions or quantitative revisions that would immediately move markets.

Analysis

Former Cleveland Fed president Loretta Mester (now a senior scholar at Princeton's Griswold Center) appeared on Squawk Box to discuss the current state of the U.S. economy and the Fed's likely interest-rate path. Her comments provide qualitative guidance on monetary policy expectations and economic indicators to monitor, but contain no new policy decisions or quantitative revisions that would immediately move markets.