Loretta J. Mester took office on June 1, 2014, as the 11th president and chief executive officer of the Federal Reserve Bank of Cleveland.
Dr. Mester began her career as an economist at the Philadelphia Fed in 1985, and has been attending meetings of the Federal Open Market Committee since 2000, when she was named senior vice president and director of research. She is an adjunct professor of finance at the Wharton School of the University of Pennsylvania and is a fellow at the Wharton Financial Institutions Center. She has published numerous articles in refereed academic and professional journals on economics, central banking, and other topics, and is the managing editor of the International Journal of Central Banking and co-editor of the Journal of Financial Services Research.
President Mester shares the national Federal Reserve Bank's response to the coronavirus outbreak, her economic outlook, and the Federal Reserve Bank of Cleveland's continued work in the community during the crisis.
Loretta J. Mester, Ph.D.
President and CEO, Federal Reserve Bank of Cleveland
CEO, The City Club of Cleveland