Loretta J. Mester
American businesswoman
9 stories
10 quotes
I think part of what's happening is we don't have very much clarity yet on what Kevin Warsh's plans are,
I saw him in action. He does base his decisions on his view of the economy, and even his arguments for why he would favor rate decreases in general were based on his read of what's happening structurally in the economy,
- said former Cleveland Fed President Loretta Mester, who served with the Philadelphia Fed during the prior period when Warsh was on the boardCNBCcnbc.com/2026/05…
The pandemic was not anything that the Fed had experienced before,
- said Loretta Mester, who served as Cleveland Fed President from 2014 to 2024 and worked with PowellCNNcnn.com/2026/05…
The real damage being done is not because of the Fed’s errors,
- said Loretta Mester, president of the Cleveland Fed for a decade ending in 2024.The New York Timesnytimes.com/2026/05…
He doesn’t want to be viewed as someone who is obstructing a new chair who’s coming in,
- said Mester, the former Cleveland Fed presidentHindustan Timeshindustantimes.com/world/news…
Jay was in a really difficult situation,
- said Loretta Mester, who as president of the Cleveland Fed from 2014 to 2024 served alongside Powell for a decadeHindustan Timeshindustantimes.com/world/news…
Earlier
New Fed chair faces critical test at Jackson Hole as inflation fears mount
Guardiantheguardian.com/business/2026…The Fed has historically intervened aggressively in bond markets during financial crises or periods of severe economic weakness, not simply because Treasury officials believe yields are too high
International Business Timesibtimes.com/bessent/wants…Kevin Warsh comes into the Fed facing a big 'family fight' over cutting interest rates
CNBCcnbc.com/2026/05…And this week brought an even starker signal: the yield on the 30-year Treasury bond rose to 5.127% — its highest level since 2007
International Business Timesibtimes.com/bond/market…Markets begin eyeing a Fed rate hike around the turn of the year
The Korea Timeskoreatimes.co.kr/world/2026051…In his eight years at the helm of America's central bank, Jerome Hayden Powell has guided the U.S. economy through extreme tumult and fought off unprecedented presidential efforts to undermine the Federal Reserve's independence
Axiosaxios.com/2026/05…Powell, the most battle-tested Fed chair, finishes his term
CNNcnn.com/2026/05…Almost as soon as his inauguration was over and done with, he began repeating the date as a totem which would free him from Jerome “Jay” Powell
Irish Timesirishtimes.com/business/2026…Why Jerome Powell decided to stay at the Fed
Hindustan Timeshindustantimes.com/world/news…Spiking central bank dissent risks stoking volatility
Reutersreuters.com/commentary/reuters…Bond investors brace for ‘volatile’ Federal Reserve transition as Powell stays on
Financial Timesft.com/content/f546e4fd…Kevin Warsh's challenges become clear after Fed chair Powell's last hurrah
Axiosaxios.com/2026/04…Fed holds rates steady for third straight meeting as four officials dissent
The Independentindependent.co.uk/news/world…Republicans vouch for Fed chair, creating a rare schism with Trump
Japan Todayjapantoday.com/category/world…Fox’s Larry Kudlow calls for Jeanine Pirro to drop Jerome Powell investigation: ‘I don’t think he’s a criminal’
The Independentindependent.co.uk/news/world…Trump runs into limits of presidential power on lowering prices
Reutersreuters.com/world/us…With affordability at the top of his domestic agenda for 2026, President Donald Trump unveiled in rapid succession last week a series of proposals aimed at making Americans’ cost of living less, well, costly
CNNcnn.com/2026/01…