BusinessStartup & Funding Inflation Lower, Paving Way for Future Rate Cut, Says Former Fed President By Soumyadeep Pal - July 18, 2024 0 Share FacebookTwitterPinterestWhatsAppLinkedinReddItTelegramTumblrDiggFlipNaverEmailPrint Loretta Mester, who retired June 30 after serving aspresident of the Cleveland Fed for a decade, sees a slowdown in rising prices that will make the central bank more comfortable reducing interest rates this year.