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  • Cleveland Fed earns perfect score on 2020 Corporate Equality Index

    Cleveland Fed earns 100 percent on Human Rights Campaign Foundation’s 18th annual scorecard on LGBTQ workplace equality. Read more

  • MCPI 2015-2

    December 2019 Median CPI Release

    The median Consumer Price Index rose 0.2% (2.1% annualized rate) in December. The 16% trimmed-mean Consumer Price Index rose 0.1% (1.8% annualized rate) during the month. Current Median CPI

  • 11 Numbers You Need to See

    In any given year, the Cleveland Fed’s commitment to the region we serve takes our work in varying directions. In 2019, we studied jobs, the racial wealth gap, the health of our children, and more. Read our Year in Review.

  • MCPI 2015-2

    New Report – Click, Submit 2.0

    Though they represent a small share of total small-business lending, nonbank online lenders are a growing source of small-dollar credit for small businesses. Which businesses sought funds through online sources? How successful were their borrowing experiences? Find out.

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  • Revisiting Wage Growth after the Recession


    Roberto Pinheiro Meifeng Yang

    In this Commentary, we show that realized wage growth since 2015 has mostly been at a rate that would be expected given observed rates of inflation and labor productivity growth. Moreover, labor productivity growth has been in line with its potential over the same period. This picture of the post-recession recovery of wages is very different from the one we observed in an earlier analysis, when all we had were data up through the end of 2015. The reasons underlying the difference are large revisions in labor productivity data and upticks in the inflation rate and labor productivity growth since our last report. Read More

  • A Forecasting Assessment of Market-Based PCE Inflation


    Mark Bognanni

    This article explores the potential for market-based inflation measures to improve inflation forecasting. To do so, I compare the pseudo-real time forecasting performance of a suite of models for forecasting total or “headline” PCE inflation over the short and medium run. In the forecasting exercise, a simple model using only market-based core PCE inflation showed the best forecasting performance at all horizons. Read More

  • Profit with a Purpose: Manufacturing Success for Cincinnati’s Second-Chance Citizens


    Bonnie Blankenship

    For the formerly incarcerated, questions abound: What is the next step? Where can I get a job? How can I begin rebuilding my life? One Cincinnati company is providing answers. Read More

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