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Loretta Mester
2008–2024Reserve Bank PresidentWikipedia
Born
Oct 24, 1958
Meetings at the table
83
83/83 (0 absent)
Meetings in the room
51
2008–2014
Geography
president at Cleveland (4) · where the Board comes from
In their time
Meetings by Chair
Policy rate
3.5% → 5.25–5.5%
+188 bp · Jan 2008 – Jun 2024
In the room
- Associate Economist24 meetingsJan 29–30, 2008 – Apr 29–30, 2014
- Senior Vice President, Federal Reserve Bank of Philadelphia8 meetingsJan 27–28, 2009 – Mar 16, 2010
- Executive Vice President, Federal Reserve Bank of Philadelphia19 meetingsApr 27–28, 2010 – Dec 17–18, 2013
Seats held
- Reserve Bank PresidentCleveland2014–2024
Jun 1, 2014 – Jun 30, 2024
Before the Fed
Economist · Federal Reserve Bank of Philadelphia
Education
- Bachelor's, Economics/Mathematics — Barnard College of Columbia University
- Master's, Economics — Princeton University
- PhD, Economics — Princeton University
Terminal: PhD · economics
Dissents on the record (3)
President Mester was fully supportive of all of the actions taken to promote the smooth functioning of markets and the flow of credit to households and businesses but voted against the FOMC action because she preferred to reduce the target range for the federal funds rate to 1/2 to 3/4 percent at this meeting
Mses. George and Mester dissented because they preferred to increase the target range for the federal funds rate by 25 basis points at this meeting.
Mses. George and Mester and Mr. Rosengren dissented because they preferred to increase the target range for the federal funds rate by 25 basis points at this meeting.
