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(Bloomberg) -- Federal Reserve Bank of Cleveland President Loretta Mester said she doesn’t think the central bank is close to a decision on targeting Treasury yields, a policy known as yield-curve control.

“No decisions have been made on that at all,” Mester said Friday in an interview with Michael McKee and Jonathan Ferro (NYSE:FOE) on Bloomberg Television. “I don’t think of that as something that would be in this phase of what we’re doing, to make sure the markets continue to function. But as a tool I think it’s worthwhile thinking about.”