Loretta Mester Bio | Wiki
Loretta Mester is a noted American businesswoman. She is currently working as president and CEO of the Federal Reserve Bank of Cleveland since June 1, 2014. She is also an adjunct professor of finance at the Wharton School of the University of Pennsylvania. In addition, she is a director of the Council for Economic Education and a director of the Greater Cleveland Partnership.
Loretta Mester Age
She was born in Baltimore, Maryland, in the United States on October 24, 1958. Mester is 65 years old. Therefore, she celebrates her birthday every year on October 24.
Loretta Mester Height
She is a woman of average stature. Mester stands at a height of 5 ft 6 in ( approx. 1.68m ).
Loretta Mester Family
She was born in Baltimore, Maryland, in the USA to her loving parents. Mester holds American nationality. She is the daughter of John Clark and Ann Mester. Her father was a research physicist while her mother was a homemaker. She grew up with a brother who is a physicist and a sister who is an associate dean at a university.
Loretta Mester Husband
She is happily married to her husband George Mailath. George works as an economist and is a professor at the University of Pennsylvania.
Loretta Mester Education
Upon graduating with her high school diploma, Mester joined Barnard College, Columbia University. She attained her bachelor’s degree in Mathematics and Economics. Later, she earned a Master’s and Ph.D. in Economics from Princeton University and was also a National Science Foundation Fellow at Princeton.
Loretta Mester Speech Today | Speech
She has hosted several speeches as the president and CEO of the Federal Reserve Bank of Cleveland. Some of the 2023 speeches include:
- Returning to Price Stability: In It to Win It on February 16, 2023
- Comments on “Managing Disinflations” on February 24, 2023
- A Diligent and Judicious Return to Price Stability on April 4, 2023
- Longer-Run Trends and the U.S. Economy on May 16, 2023
- Perseverance and Partnership Produce Progress in Community Development on June 23, 2023
- An Update on the Economy and Monetary Policy on July 10, 2023
- An Update on the Federal Reserve’s Instant Payments Service: FedNow on July 12, 2023
Loretta Mester Cleveland Fed President | Cleveland Fed | Fed | Federal Reserve
She serves as president and CEO of the Federal Reserve Bank of Cleveland. As the CEO, she oversees 950 employees in Cleveland, Cincinnati, and Pittsburgh who conduct research about the economy. Also, she supervises banks and provides payment services to banks and the U.S. government. Mester has also worked as executive vice president, director of research, and chief policy advisor.
She joined Federal Reserve Bank as an economist in 1985 thereafter being promoted to senior vice president, director of research, and executive vice president. During her tenure, she was the chief policy advisor and oversaw the economists and analysts in the Research Department. Moreover, she has published numerous articles on a variety of topics including economics, central banking, and financial issues.
Also, she is co-editor of the Journal of Financial Services Research and the International Journal of Central Banking. Mester is also an associate editor of several other academic journals. Furthermore, she is an adjunct professor of finance at the Wharton School of the University of Pennsylvania as well as a fellow at the Wharton Financial Institutions Center. In addition, she is a director of the Council for Economic Education, a director of the Greater Cleveland Partnership, and also a trustee of the Cleveland Clinic.
Loretta Mester Political Party | Cnbc
She has virtually no political supporters. In March 2020, she said that the policy decisions made by the country’s central bank aren’t influenced by political pressure. She also stated that in an interview with CNBC, “politics does not enter the room, that we really come in with the mandate that Congress has given us in terms of price stability and maximum employment.’
Loretta Mester Salary
She receives satisfying pay working as president and CEO of the Federal Reserve Bank of Cleveland. Mester’s salary is $203,500 annually.
Loretta Mester Net Worth
Her wealth comes from serving in various platforms for the Federal Reserve Bank of Cleveland for over three decades and also as an adjunct professor. Mester’s net worth is $8 Million.
Is Loretta Mester Married
Yes. She is married to an economist and a professor at the University of Pennsylvania, George Mailath.
How Old Is Loretta Mester
She is 65 years old in Baltimore, Maryland, in the United States on October 24, 1958.
Who Is Loretta Mester
Mester is a 65-year-old American businesswoman currently working as president and CEO of the Federal Reserve Bank of Cleveland since June 1, 2014. She is also an adjunct professor of finance at the Wharton School of the University of Pennsylvania.