Fed's Mester sees U.S. economy performing well, coronavirus a 'big risk'

The U.S. economy should continue to perform well this year and monetary policy is currently well positioned despite the risk posed by the coronavirus outbreak, Cleveland Fed President Loretta Mester said on Monday, as Wall Street stocks tumbled on worries the spread of the virus to multiple countries outside China could pose an escalating threat to global growth.

from Reuters: Business News https://ift.tt/2Vn675N