Read the answer in our monthly roundup, which also delivers our latest about inflation, small businesses, and economic inclusion.
President Mester discussed “Inflation, Inflation Expectations, and Monetary Policymaking Strategy” at MIT on September 26, 2022. Read more
Calling all undergraduate students who want to learn more about careers in economics! Join the Cleveland Fed for the Women in Economics Symposium.
The median consumer price index rose 0.7% (9.2% annualized rate) in August 2022. The 16% trimmed-mean consumer price index rose 0.6% (7.7% annualized rate) during the month. Current Median CPI
Are you a small business owner with fewer than 500 employees? We want to hear from you! Take our survey (it should take you only 10 minutes).
To achieve digitally inclusive communities, one must consider both access to and affordability of broadband. This program can help with both. Read More
Conventional wisdom holds that a central bank should tighten monetary policy after a surprise decline in labor supply to offset the inflationary effects of the decline. However, this policy prescription comes from models of monetary policy that abstract from labor force participation. We examine the policy implications of worker entry into and exit from the labor force. We find that cyclical changes in labor force participation call for a less restrictive policy response to a decline in labor supply. The less restrictive policy response is appropriate because policy tightening reduces the labor force and thus raises wage growth. The optimal policy response dampens the reduction in the labor force and brings about a period of higher inflation. Read More
This summer, the Cleveland Fed held its first listening session to hear perspectives from workers—particularly low-wage workers and workers of color. The biggest takeaway? Job quality—not just a paycheck—is more important than ever. Read More
Inflation: Drivers and Dynamics 2022, co-sponsored by the Center for Inflation Research and the European Central Bank will take place on September 29-30, 2022 in Cleveland, OH.
The Federal Reserve Bank of Cleveland is sponsoring the Annual Conference on Real-Time Data Analysis, Methods, and Applications in Macroeconomics and Finance to be held in Cleveland, Ohio, at the Cleveland Reserve Bank on Thursday and Friday, October 6–7, 2022.
Join the Federal Reserve Bank of Cleveland at the Women in Economics Symposium, which aims to encourage women to pursue a career in economics by discussing the successful career paths of diverse economics professionals and raising awareness of diversity and inclusion in the profession.
The Federal Reserve Bank of Cleveland and the Office of Financial Research will host their 10th annual financial stability conference on November 17–18, 2022. This year’s conference is titled Financial Stability: Frontier Risks, a New Normal, and Policy Challenges.
To recommend a candidate to serve on one of the Federal Reserve Bank of Cleveland’s boards of directors, advisory councils, or other forms of engagement with the Federal Reserve Bank of Cleveland, complete and submit this form
