The Economy and Monetary Policy

PRESENTATION February 19, 2016

To read the full text of President Loretta Mester’s speech, given on February 19, 2016, visit the Federal Reserve Bank of Cleveland website.

Speaker / Author

Loretta J. Mester, Ph.D.

President and CEO of the Federal Reserve Bank of Cleveland

Loretta J. Mester took office on June 1, 2014, as the 11th president and chief executive officer of the Federal Reserve Bank of Cleveland. She participates in the formulation of U.S. monetary policy and oversees 1,000 employees in Cleveland, Cincinnati, and Pittsburgh who conduct economic research, supervise banking institutions, and provide payment services to commercial banks and the U.S. government. Before becoming president, Dr. Mester was executive vice president and director of research at the Federal Reserve Bank of Philadelphia. She began her career as an economist at the Philadelphia Fed in 1985, and has been attending meetings of the Federal ... Read More