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Teaching financial literacy

Our new resource guides for elementary and middle school educators provide standards-aligned, classroom-ready instructional tools.

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Latest Inflation Numbers

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Median PCE Inflation

Median PCE inflation rate
+0.2% in August 2024

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Inflation Expectations

10-year expected inflation: 2.12%

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A child's hand playing with a colorful dinosaur toy.
Wanted: Affordable, reliable childcare

The expense and unavailability of childcare can hinder the economic advancement of parents seeking to enter and move up in the workforce. Our latest multimedia story explores the issues.

Small business owners: Take this survey

The Federal Reserve’s 2024 Small Business Credit Survey (SBCS) is now open. To bring data and insights that directly inform the Fed, federal government agencies, service providers, policymakers, and others, please complete this annual anonymous survey. Get more details on SBCS.

Eastern Kentucky navigates flood recovery challenges

Two years after flooding wreaked havoc in eastern Kentucky, the pace of recovery is poised to quicken. Our Notes From The Field describes what’s happening there now.

Cleveland Fed District Data Brief
Lower-Wage Workers in Ohio Have Seen Strong Wage Gains Since 2019
In Ohio, the trend of relatively weak wage growth for lower-wage workers has reversed recently, resulting in the lowest wage inequality in more than two decades.
Economic Commentary
Wage Growth, Labor Market Tightness, and Inflation: A Service Sector Analysis
Higher sector-specific wage growth is associated with higher inflation only in the education, health, leisure, and hospitality service sectors.
Research [in] Brief
Research [in] Brief: Analyzing Two House-Price Booms: Lessons in Uncertainty
Economists are studying the characteristics of the 21st century’s two house-price booms for clues on how the current boom might evolve if high house prices fall.
Economic Commentary
Reciprocal Deposits and the Banking Turmoil of 2023
Researchers describe reciprocal deposits, the recent change in their legal treatment, and why their use grew during the banking turmoil of 2023.
Research
Economic Commentaries
Publications
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That’s our goal at the Cleveland Fed. Serving the Fourth Federal Reserve District, we strive to ensure the health of our monetary system through our role in regulating financial institutions, and we promote education and community development through research and programming.

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Looking for your next opportunity? We’re proud to be ranked a top place to work in Northeast Ohio, offering the benefits you need and the work-life balance you want in addition to promoting an inclusive culture of diversity and acceptance. Join us in our mission to strengthen the economic performance of the nation and our region and make a positive impact on the communities we serve.

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Working as a software developer for the bank in Information Technology is engaging and rewarding. I get to build valuable solutions for customers while working with a team who foster creativity, innovation, and learning. There is never a dull moment in IT.

— Frank Cerny, Software Developer II