Loretta Mester

Technology executives are worried about cybersecurity, as are bank executives. Now, central banks are expressing concern as well.   Multiple reports over the past few weeks suggest that the central bankers are beginning to step into the fray on the issue, and are considering ways that the...

Is the U.S. economy on the verge of a recession? Multiple experts said this week there are no signs of a coming economic downturn — despite a rocky period for the markets and pressures such as a Sino-American trade war.  Fed's Mester: Job Is To 'Gear The Economy' The...

The U.S. Federal Reserve would prefer to be predictable. However, when global markets are unpredictable, the Fed is left with no choice but to be unpredictable. When the Fed raised interest rates back in December, it’s likely that the members had planned a very predictable and steady rate...

Should the Federal Reserve raise interest rates any time soon? Many investors are assuming that a rate hike in the near term is no longer feasible, but the topic is still heavily debated among Fed members themselves. The Hawk: Cleveland Fed President Loretta Mester The Federal Reserve's Cleveland...

While global financial markets try to determine if the turmoil resulting from China’s economic weakness is enough to put a potential September Federal Reserve rate hike on hold for the time being, now is a good time to take a careful look at what 11 of the 13 Federal Reserve Bank Presidents...

U.S. stocks were mostly higher on the final trading day of May, as both the S&P 500 and Dow indices close at record highs, despite disappointing consumer spending data reported on Friday morning. Loretta Mester, the soon to be Cleveland Fed President argued in a speech the importance of...