Cumberland Advisors Market Commentary –  Loretta Mester Interview

Author: David R. Kotok, Post Date: June 19, 2020
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Loretta Mester has a distinguished, multi-decade career with the Federal Reserve. She currently serves as president and CEO of the Federal Reserve Bank of Cleveland, votes on the FOMC, and immerses herself deeply in the issues of America’s banks and financial institutions. She agreed to an extended and detailed hour-long discussion with GIC. Here’s the link: https://www.interdependence.org/events/browse/the-feds-response-to-covid-19/. Registration is required to view the interview but takes only a moment.

Fed president & CEO Loretta Mester On Demand Interview

We recommend the full interview to every investor, consultant, financial planner, policy adviser, and, if they would like some help, politicians. The replay of her June 18 discussion is free. She addresses the Fed’s toolbox, financial markets, labor markets, inflation, and growth. She weighs the need to “build a bridge of relief” and to support the recovery against concerns about deficits, and offers her own economic forecast for the months ahead, even as she acknowledges the variables that make forecasts especially difficult right now.

Cumberland is proud to be a sustaining sponsor of the Global Interdependence Center.

David R. Kotok
Chairman of the Board & Chief Investment Officer
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The GIC’s mission is to provide a forum for a thoughtful, unbiased global dialogue on emerging issues that impact the economy, policy and geopolitics. During these challenging time related to the COVID-19 pandemic, we think it is important to share our content as a public service.


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Cumberland Advisors Market Commentaries offer insights and analysis on upcoming, important economic issues that potentially impact global financial markets. Our team shares their thinking on global economic developments, market news and other factors that often influence investment opportunities and strategies.

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