Fed's Mester: Monpol needs to be systematic, but should not base policy on a single rule

Cleveland Fed President Loretta Mester is delivering additional comments, with the key quotes, via Reuters, found below:

• Digital currencies are under study at the Fed, in near term won't affect monetary policy
• Monetary policy needs to be systematic, but should not base policy on a single rule
• Using tax code to address income inequality may be better than using minimum wage
• Fed will not revisit balance sheet plan at each meeting, aims to 'set it and forget it'
• Fed is on a good path in terms of normalization