News and Media
The Public Information Office serves as the primary source for news and media contacts at the Federal Reserve Bank of Cleveland. Reporters with questions or an interest in speaking with a Cleveland Fed staff member should contact Anne M. DiTeodoro, media coordinator, at 216.774.2514, or anne.m.diteodoro@clev.frb.org.
News Items
- 09.02.2010
- President Pianalto offers a Fourth District perspective on REO
- In a speech at the REO and Vacant Property Strategies for Neighborhood Stabilization Summit, Federal Reserve Bank of Cleveland President and CEO Sandra Pianalto discussed the weak housing market in her region and some of the ideas that have emerged from the Bank’s research and outreach efforts related to the housing crisis. She concluded by describing a new proposal to use the Community Reinvestment Act’s flexibility to channel more resources to REO disposition. Read more
- 09.01.2010
- REO & Vacant Properties: Strategies for Neighborhood Stabilization
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- On September 1, the Federal Reserve is hosting a national summit and releasing a companion publication aimed at fighting the rising tide of foreclosures and helping to stabilize neighborhoods most at risk of decline. Listen live, download the publication, and check out the latest Drawing Board video here. Read more
- 08.24.2010
- Is U.S. Federal Debt Too Large?
- Lately, there has been much talk about the perils of the growing government debt, but according to Federal Reserve Bank of Cleveland economist Pedro Amaral, that fear may be misguided. Amaral argues that growth in entitlement spending from programs such as Social Security and Medicare could be more problematic than current increases in Federal appropriations. Read more (PDF)
- 08.10.2010
- FOMC Statement
- Information received since the Federal Open Market Committee met in June indicates that the pace of recovery in output and employment has slowed in recent months. Read more
- 08.05.2010
- Can we curtail a rising tide of foreclosures with lessons learned on the farm?
- Two researchers at the Federal Reserve Bank of Cleveland argue that some lessons could be learned from examining the farm foreclosure crisis in the 1980s. Read more
- 07.06.2010
- Economic Policymakers Walk the Walk, But Don’t Talk the Talk
- Read more
- 04.21.2010
- Federal Reserve Releases Financial Statements
- The Federal Reserve System on Wednesday released the 2009 annual comparative financial statements for the combined Federal Reserve Banks, the 12 individual Federal Reserve Banks, the limited liability companies (LLCs) that were created to respond to strains in financial markets, and the Board of Governors. Read more
- 03.02.2010
- Federal Reserve Banks Complete Check Processing Infrastructure Changes
- The Federal Reserve Banks announced today that they have completed the reduction in paper check processing infrastructure that was begun in late 2003. Read more
- 01.21.2010
- Dale Roskom Named Federal Reserve Bank of Cleveland First Vice President and Chief Operating Officer
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- The Federal Reserve Bank of Cleveland has appointed Dale Roskom as the Bank’s first vice president and chief operating officer. The announcement was made today by Sandra Pianalto, president of the Cleveland Reserve Bank. Read more
- 07.07.2010
- Cleveland Fed Researchers Examine Derivatives
- Federal Reserve Bank of Cleveland researchers Kent Cherny and Ben Craig discuss some of the benefits of moving the settlement or trading of derivative instruments onto exchanges or clearinghouses, similar to those currently being used for stocks and options. Read more
- 06.28.2010
- Inflation expectations still well anchored, according to Cleveland Fed researchers
- Researchers at the Federal Reserve Bank of Cleveland have developed a simple measure of inflation expectations that provides some advantages over other commonly used measures. Read more
- 05.24.2010
- President Pianalto addresses Ohio Northern graduating class
- Federal Reserve Bank of Cleveland President and CEO Sandra Pianalto addressed the graduating class at Ohio Northern University on Sunday, May 23. Read more
- 05.21.2010
- Sticky prices signal subdued inflation
- Some prices are "sticky," meaning they don’t respond to changing market conditions as quickly as other, more "flexible" prices. According to Federal Reserve researchers Michael Bryan and Brent Meyer, these sticky prices are useful when trying to discern where inflation is heading. Looking at the "sticky price" components of the Consumer Price Index (CPI), the researchers say that "subdued for some time" -- language from the last FOMC statement -- sums up expected price trends nicely. They note that while a core flexible-price measure of the CPI has risen recently, the growth rate of the core sticky-price CPI continues to decline. Read more
- 05.19.2010
- Student Economics Research Winners Announced
- The second annual University of Akron and Federal Reserve Bank of Cleveland Undergraduate Research Poster Competition was held on April 30, 2010. Undergraduate economics students from seven Ohio colleges presented original research on a variety of topics. Presentations were judged by Federal Reserve economists and an area economics professor. Read more
- 05.18.2010
- President Pianalto discusses "Forecasting in Uncertain Times"
- In a speech to the Economic Club of Pittsburgh, Federal Reserve Bank of Cleveland President and CEO Sandra Pianalto discussed why and how the Bank develops its economic forecasts and why the role of judgment becomes paramount for forecasting during uncertain times such as these. She concluded the speech with her current economic outlook. Read more
- 05.06.2010
- Spring Issue of Forefront
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- In the latest issue of Forefront, researchers at the Federal Reserve Bank of Cleveland propose changes to the Community Reinvestment Act (CRA) to make it a more effective tool for improving conditions in low-income neighborhoods in our post-crisis era. Read more (PDF)
- 03.25.2010
- President Pianalto shares her economic outlook
- In a speech to business leaders in Fort Meyers, Florida, Federal Reserve Bank of Cleveland President and CEO Sandra Pianalto shared her economic outlook and discussed some significant headwinds that she expects will limit the rate of growth in the US for the next couple of years. She also discussed how the Federal Reserve is conducting monetary policy to help navigate through these challenging times. Read more
- 03.03.2010
- The Drawing Board: Federal Reserve Independence
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- This installment of the Cleveland Fed’s Drawing Board video series (really bad drawings, real simple explanations) focuses on how the Federal Reserve operates and why it?s structured the way it is. The Fed is in the news a lot these days, and we hope the video helps people understand the complicated institution a little better. Read more
- 01.26.2010
- Regulatory Filing is Now Easier!
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- Electronic Applications, or "E-Apps," is a new Internet-based system that allows financial institutions supervised by the Federal Reserve to submit applications and other regulatory filings online, eliminating the time and expense of printing, copying, and mailing documents. Registered users can access the system 24/7, free of charge. E-Apps has been designed to ensure the confidentiality of the data and the identity of the filers. Find out more Read more
- 01.12.2010
- Federal Reserve approves final rules to protect credit card users from a number of costly practices
- The Federal Reserve approved final rules to protect credit card users from a number of costly practices. Consumers can learn more by accessing a new online publication, What You Need to Know: New Credit Card Rules. Read more
- 12.17.2009
- Cleveland Federal Reserve Launches New Policy Pub
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- Economic policy is in the forefront of a lot of people’s minds today, and the Federal Reserve Bank of Cleveland is debuting a new online and print publication devoted to critical policy issues facing its region and the nation at-large. Read more
