Loretta Mester
Fed leaders split on whether further rate rise is needed
Leaders agree a soft landing is possible but not certain
Fed mulls tightening on scale not seen for decades
FOMC members now contemplating 50bp rate hikes and major asset sales
Emerging-market central banks lead on women’s empowerment
EME central banks have more women at staff level and in senior positions, but there are deep disparities worldwide, with childcare availability appearing to be a major cause
Cleveland Fed creates new inclusion council
Eight-member council charged with assisting the bank in fostering diversity
Economics courses should be mandatory within schools – Mester
Addressing the economics diversity issue at university is too late, Cleveland Fed president says
Fed not considering negative rates – Powell
More fiscal support may be needed, as Fed’s lending will only be effective “for a while”, says Fed chair
Fed cuts rates 100bp as central banks launch joint action
US central bank unveils unprecedented coronavirus response package as global swap lines are bolstered through co-ordinated action
Strong labour market complicates Fed outlook
Non-farm payrolls stronger than expected, focusing extra attention on Jerome Powell’s testimony this week
Fed banks collaborate on economic education
“We have a ‘power-in-numbers’ approach,” says officer at the San Francisco Fed
Fed diversity is focus of new legislation
New bill would ensure at least one gender- and one ethnically-diverse candidate are interviewed for vacant president roles
US inflation slowdown raises policy challenges
Inflation has seen a lull, but several factors indicate it could rebound
Senior Fed officials split over the state of US job market
Regional presidents and FOMC members see US under, approaching or beyond full employment
US House passes deregulation bill with bipartisan support
Once President Trump signs it, measure will relieve some regional banks from stricter requirements
Don’t unwind financial regulation, says Fed’s Mester
Tighter regulatory measures have increased resiliency, Loretta Mester says
Mester backs review of Fed’s inflation targeting framework
Cleveland Fed president says 2% target may not be suitable for low interest rate environment
Fed should review monetary policy framework – Mester
Several FOMC members raised policy review at January meeting, Cleveland Fed president says
Mester advocates continuing 2017 rate path this year
Cleveland Fed president says the current policy balances inflation and growth risks
Mester puts forward innovations in policy communication
The president of the Federal Reserve Bank of Cleveland proposes focusing on explaining policy decisions
Fed could use rates to counter instability – Mester
2015 exercise showed major problems in use of macro-prudential tools, says Cleveland Fed chief
Cleveland Fed’s Mester upbeat on prospects for US economy
Loretta Mester backs continued gradual rate rises and the commencement of balance sheet normalisation “in the near future”
Fed should make sure it does not ‘fall behind’ – Mester
US central bank should “remain vigilant” as employment reaches full capacity and the balance sheet begins to unwind; the Cleveland Fed president sees more rate hikes this year