Is a Recession Coming? Insights from Former Fed President Loretta Mester
Episode Description
Former Cleveland Fed President Loretta Mester discusses the current economic outlook, highlighting business sentiment, inflation, and recession risks. She examines how uncertainty and tariffs are affecting decision-making and forecasts potential Fed rate cut scenarios. Mester also explains the Federal Reserve’s delicate balancing act between price stability and maximum employment.
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Brief Summary
Loretta Mester discusses economic uncertainty, inflation risks, and potential Federal Reserve rate cuts in this episode.
Key points
- Uncertainty in the Economy. Loretta Mester discusses the impact of uncertainty on business decisions and the economy.
- Potential Recession Risks. Mester highlights the increasing forecasts for a potential recession due to economic factors.
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Episode highlights
- Uncertainty in the EconomyLoretta Mester discusses the impact of uncertainty on business decisions and the economy.“The markets don’t like uncertainty.”2:36Apr 19, 2025
- Potential Recession RisksMester highlights the increasing forecasts for a potential recession due to economic factors.“The risk of recession has gone up.”4:52Apr 19, 2025





