The Fed isn't worried about enabling risk-takers as its massive stimulus attempts to revive markets and the economy, Cleveland chief says

· *The growing interest in high-risk lending may be a necessary consequence of the Fed's emergency relief measures, Loretta Mester, president of the Federal Reserve Bank of Cleveland, said in a Friday interview with Bloomberg TV.*
· *The central bank announced last week it would begin buying junk-bond ETFs, prompting a surge...