Cleveland Fed President Meister saidcandycrushgameonlineplayAs the Federal Reserve waits for evidence that price pressures are easing furthercandycrushgameonlineplayIt is appropriate to keep interest rates unchanged.

She believes it is too early to conclude that the Fed's progress is stalled or that inflation will reverse.

Meister added that she was in no hurry to consider raising interest rates because rising short-term interest rates could bring new instability to the financial system.

In an interview, Meister said that there are clear signs that the real economy is slowing, which will help the economy restore balance. This means that long-term measures of inflation expectations appear to be "fairly well anchored" at levels consistent with the Fed's 2% target.