Loretta Mester

Loretta Mester is an economist and central banker serving as president and CEO of the Federal Reserve Bank of Cleveland. In this role, Mester participates in the Federal Open Market Committee, contributing to decisions on U.S. monetary policy, national interest rates, and economic strategy. Her expertise encompasses macroeconomics, financial stability, and monetary policy, and she frequently addresses business groups, academic institutions, and media outlets on topics such as economic outlook and financial regulation.

Before joining the Cleveland Fed, Mester held senior positions at the Federal Reserve Bank of Philadelphia and was a professor at the Wharton School at the University of Pennsylvania. Her research has appeared in economics journals, and she is known for presenting complex economic concepts in accessible terms to a range of audiences. Mester has provided leadership during periods of economic uncertainty, offering data-driven perspectives to assist businesses and policymakers in navigating challenging environments.

Mester is regularly invited to speak at conferences and events, where she delivers presentations that combine economic analysis with practical implications. Her communication of nuanced economic ideas has established her as a recognized expert in central banking, monetary policy, and financial regulation.