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Fed’s Mester doesn’t see policy changes coming from GameStop saga

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Cleveland Federal Reserve President Loretta Mester said top regulators should be looking at the GameStop trading saga and how it is impacting markets.

However, she said the situation isn’t impacting how she approaches monetary policy and doesn’t see the Fed making any adjustments in reaction to the Wall Street uproar.

“I don’t think it’s something that’s influencing my monetary policy views right now,” Mester told CNBC’s Steve Liesman during a “Squawk Box” interview.

“I do think that we need to ensure that it’s a fair marketplace, because as you know financial markets are important for the economy,” she said. “I’m glad that Janet Yellen is getting all the regulators together to look at…



Source cnbc.com

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