Loretta Mester

“The probabilities in the market seem higher than I would necessarily assign at this point,”

Loretta Mester · said date not stated · reported 2026-09-14

Mester said in an interview that market probabilities for a Fed rate hike seem higher than she would assign, noting key Fed members are not convinced a hike is appropriate.

“I think part of what's happening is we don't have very much clarity yet on what Kevin Warsh's plans are,”

Loretta Mester · said date not stated · reported 2026-08-20

Mester discussed the market's uncertainty about Warsh's plans as Fed chair.

“We don't even have clarity on their reaction function.”

Loretta Mester · said date not stated · reported 2026-08-20

Mester said there is no clarity on the Fed's reaction function under Warsh.