: She has pointed out that upcoming tariffs and changes in immigration policy act as "upside factors" for inflation, complicating any rationale for further rate reductions. Legacy of Independence and Accountability Loretta Mester - Federal Reserve History
The Evolution of a Hawk: Loretta Mester’s Enduring Impact on Federal Reserve Policy Cleveland Fed President Loretta Mester Is вЂNot ...
: Even after leaving the Fed, Mester noted that initial rate cuts (totaling 75 basis points by early 2026) served primarily as "insurance" against labor market softness rather than a signal for a rapid easing cycle. Navigating New Economic Shocks : She has pointed out that upcoming tariffs