Fed's Mester: Third quarter growth is coming in strong so far

Cleveland President Loretta Mester is speaking to CNBC on the sidelines at the Jackson Hole Symposium, providing key quotes, via Reuters, found below.

• Third quarter growth is coming in strong so far.
• I've been upping my forecast, closer to 3% for the year.
• We see some risk but not excesses.
• Fiscal stimulus effect will wane in 2019.
• Gradual rate hike path seems appropriate.
• We do not see signs of econ overheating.
• More momentum in economy as expected.
• We have been on a good funds rate path.