Loretta Mester Quotes – Quotes By Loretta Mester
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It is true that with the extension of the unemployment benefits people are in a financial position so that they can make those hard choices, about whether they feel comfortable reentering or not.
—Loretta Mester
Remaining patient through the transitory surge associated with reopening will help ensure that the underlying economic momentum that will be needed to reach our goals as some current tailwinds shift to headwinds is not curtailed by a premature tightening of financial conditions.
—Loretta Mester
I don’t have to say today, in fact, I really think it’s important that we really look at the incoming information that we are going to get as we work up to the end-of-the month meeting.
—Loretta Mester
We have three weeks: We’re going to gather more data, we are going to look at what the economy is, if you were ever data-dependent, you are uber data-dependent now.
—Loretta Mester
You want to be very cognizant of the fact that we are already at neutral, unless the economy takes a turn for the worse.
—Loretta Mester
If you were ever data-dependent, you are uber data-dependent now.
—Loretta Mester
At this point, if the economy continues where it is, I would probably say we should keep things the way they are, but, I am very attuned to the downside risks to this economy.
—Loretta Mester
Payroll growth slowed considerably in May, raising the question of whether we were at the start of a reversal from the considerable progress that’s been made in labor markets, or whether the weak reading was the type of transitory change we typically see during expansions, hiring rebounded in June, alleviating that concern.
—Loretta Mester
It was prudent to take the first step on the path of gradual normalization of interest rates.
—Loretta Mester
We try to be as clear as possible about the rationale behind our decisions.
—Loretta Mester