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Loretta Mester: Is AI Making Inflation Harder to Beat?

Thought Leader: Loretta Mester
July 18, 2026
Source: Bloomberg

Former Cleveland Fed President Loretta Mester says inflation remains a problem even after the latest CPI report came in cooler than expected, with price growth still above the Federal Reserve’s 2% goal and services inflation still elevated. She says the Fed should keep the option of higher rates on the table if policy proves too loose, while broader pressures from AI investment, geopolitical shocks and changes under Fed Chair Kevin Warsh could mean more volatility and higher nominal rates.

Loretta Mester, former President of the Cleveland Fed, delivers clear, grounded insight into today’s economic challenges—from inflation and tariffs to recession risk and rate cuts. With deep experience inside the Federal Reserve, Mester explains the tough tradeoffs shaping monetary policy and what they mean for businesses, investors, and the public. Book Loretta Mester through WWSG for essential guidance on navigating economic uncertainty. Contact us today!

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