Loretta Mester

Loretta Mester

economist United States

Loretta Mester is an American economist who served as the president of the Federal Reserve Bank of Cleveland from 2012 until her recent resignation in 2023. With a focus on monetary policy and economic research, she played a key role in discussions surrounding interest rates and inflation management during her tenure. Mester is known for her analytical approach to economic issues and has been a strong advocate for maintaining price stability while fostering economic growth. After stepping down, she continues to contribute to the field as an adjunct professor at the Wharton School of the University of Pennsylvania.

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Recent Mentions

Canada Canada: Former Cleveland Fed President Loretta Mester wrote that the lessons of the pandemic are that tight job markets can increase inflationary pressure. 6

The Globe and Mail: Powell’s lean to job market under microscope as U.S. Federal Reserve revisits strategy

Costa Rica Costa Rica: Loretta Mester is the former president of the Federal Reserve Bank of Cleveland who commented on the economic situation. 6

La Nación – main Costa Rican daily, est. 1946: La Fed se reúne bajo presión de Trump y con señales mixtas de la economía de Estados Unidos

Taiwan Taiwan: Loretta Mester, who recently stepped down after a decade as president of the Cleveland Federal Reserve. 7

Taipei Times – major English newspaper in Taiwan, est. 1999: US Fed set to maintain rates, wait for tariff clarity