
Mester, Loretta J.
Federal Reserve Bank of Cleveland
Education: Doctoral degree in economics and master’s degree in economics, Princeton University; bachelor’s degree in mathematics and economics, Barnard College of Columbia University
First Job: The Army Material Systems Analysis Activity at Aberdeen Proving Ground, Maryland, during summers in high school. I analyzed data on helicopter-launched missiles to predict their flight paths.
Favorite Quote: “Uncertainty is an uncomfortable position. But certainty is an absurd one.”
― Voltaire
How I Motivate Others: By reminding them of the public service mission of our Federal Reserve Bank and that by doing their best every day, they are benefiting households, businesses and communities.
If I Could Have Any Other Job: University president or opera singer
Best Advice: Realize that not making a decision is actually making a decision.
Hobby/Passion: Opera