Fed's Mester says it will take 2 years until inflation falls to 2% target

 Loretta Mester opinion on inflation to come down to the central bank's target

Cleveland Federal Reserve Bank President Loretta Mester said it will take two years for inflation to come down to the central bank's 2% target, Qazet.az reports.

"It isn't going to be immediate that we see 2% inflation. It will take a couple of years but it will be moving down," Mester said.