Tag: Loretta Mester

Capital and Risk, Macroeconomic

Fed’s Mester warns reopening must be done ‘very carefully’ to avoid going backwards

May 8, 2020

Via: Market Watch

Reopening the U.S. economy should be handled cautiously to avoid a second lockdown, said Cleveland Fed President Loretta Mester on Friday. “There’s a possibility of opening up in the second half of the year, but it has to be done […]

Capital and Risk, Liquidity

Cleveland Fed President Loretta Mester says rates should be kept where they are ‘for a while’

July 2, 2019


The Federal Reserve can afford to stand its ground on interest rates while it watches how challenges to economic growth unfold, Cleveland Fed President Loretta Mester said Tuesday. Speaking in London, the central bank official said she holds a “positive […]

Capital and Risk, Macroeconomic

US should watch its debt pile before ‘things get out of hand,’ Fed’s Mester says

May 14, 2018


The U.S. should keep its debt-to-GDP (gross domestic product) in mind before things “get out of hand,” Federal Reserve Bank of Cleveland President Loretta Mester said Monday. Asked by CNBC’s Joumanna Bercetche if she was worried about the outlook for […]

Capital and Risk, Macroeconomic

Fed’s Mester prefers a bit quicker US rate-hike pace

January 4, 2016


One of the Federal Reserve’s hawkish officials said on Sunday that while she prefers a slightly more aggressive approach, she is not opposed to her colleagues’ view that the U.S. central bank needs to raise interest rates only four times […]