Quick Links


Becoming A Member

Upcoming Events

News & Media

Event FAQ's

Contact Us

Contact ECNY Media Team

Announcements

NEWS & MEDIA

Signature Events at the Economic Club are open to the media.

Media Registration for Events

Signature Events at the Economic Club are open to the media.
Click here to register to cover an upcoming ECNY event.

Back

Loretta Mester, President & CEO, Federal Reserve Bank of Cleveland

BLOOMBERG: Fed's Loretta Mester Says More Restrictive Policy Needed to Cool Prices - Bloomberg

Federal Reserve Bank of Cleveland President Loretta Mester said officials need to keep raising interest rates and cannot get complacent as they work to battle the strongest inflation in a generation.

“Given the current level of inflation, its broad-based nature, and its persistence, I believe monetary policy will need to become more restrictive in order to put inflation on a sustainable downward path to 2%,” Mester said Tuesday in a speech to The Economic Club of New York.

READ MORE