Fed's Mester: Biased to keeping rates where they are or moving them up a bit despite downside risks

Cleveland Fed President Loretta Mester recently crossed the wires saying that she is biased to keeping rates where they are or moving them up a bit despite downside risks.

Key quotes (via Reuters)

• I think business activity is picking up.
• I don't see inflation pressures building.
• We will see slower growth of employment but still above trend.
• My growth forecast has come down a bit to just above 2 pct.