President of the Federal Reserve Bank of Cleveland Loretta Mester has served under 4 different Fed chairs, including Jay Powell. She discusses the Fed’s commitment to hitting their 2% target rate of inflation and the central bank’s road to rate cuts. Just a few weeks shy of her Fed retirement, she reflects on years of monetary policy.

In this episode:

Steve Liesman, @steveliesman

Becky Quick,@BeckyQuick

Andrew Ross Sorkin,@andrewrsorkin

Katie Kramer,@Kramer_Katie

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Cleveland Fed President Loretta Mester 06/19/24