Loretta

Loretta Lynn, whose tales of heartbreak and poverty are among the most celebrated in the country music canon, has died aged 90.Lynn died at home in Hurricane Mills, Tennessee, on 4 October, her family confirmed.Beginning with 1966’s Don’t Come Home a Drinkin’ (With Lovin’ onYour Mind), she topped the US country charts 16 times and was nominated for 18 Grammy awards, winning three. She recorded 60 studio albums in all.Born Loretta Webb in a one-room rural Kentucky cabin in 1932, Lynn was one of eight siblings and the…

Cleveland Fed President Loretta Mester discussed inflation, the economy and Fed interest rate increases in an interview with The Wall Street Journal on Friday. Here is a transcript, lightly edited for clarity.NICK TIMIRAOS: When you talk about data dependence, what does that mean in the context of both determining the ultimate destination for how high you think rates have to rise? And then also the tactical considerations that go into getting from here—which right now would be 2.4% on the…

Federal Reserve Bank of Cleveland President Loretta Mester said the U.S. central bank needs to press forward with aggressive rate rises, and that by early fall it may be able to take stock of whether it can slow down or will need to speed up the process of removing support from the economy. “Given economic conditions, ongoing increases in the fed-funds rate are called for, and unless there are some big surprises, I expect it to be appropriate to raise the policy rate another 50 basis points at each of…