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President Hammack’s travels Around the District

Our new president and CEO, Beth Hammack, is visiting cities throughout the Fourth District to better understand and represent our region.

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Latest Inflation Numbers

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Median PCE Inflation

Median PCE inflation rate
+0.2% in October 2024

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Inflation Expectations

10-year expected inflation: 2.32%

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President Beth M. Hammack
President’s Speech: Lake Effect: Views from the Fourth District on the Economy and Monetary Policy

President Hammack spoke in Cleveland, Ohio on December 6, 2024.

Infographic on Inflation
Measuring the cost of living: the CPI versus the PCE price index

The two measures of price changes faced by consumers differ in several ways. Learn more in our latest infographic.

Brick townhouses.
Will rent inflation persist?

Year-over-year rent inflation may remain above its prepandemic norm until mid-2026, Cleveland Fed researchers found. Learn why.

Research [in] Brief
Regional Economic Sentiment in the Beige Book: Putting Numbers to Words
Researchers aim to convert the text of anecdotal regional economic information in the Beige Book into numbers to test how useful this information is as a tool for forecasting US recessions.
Cleveland Fed District Data Brief
Introduction to Cleveland Fed Summary of Regional Conditions and Expectations (SORCE)
This District Data Brief introduces the Cleveland Fed Summary of Regional Conditions and Expectations (SORCE) indexes, which provide a timely summary of economic conditions in the Fourth Federal Reserve District.
Cleveland Fed District Data Brief
How Successful Is Your Region at Retaining Domestic Migrants?
For regions in the Fourth District and across the United States, this District Data Brief analyzes how well each region retains domestic migrants, or those who move in from other parts of the country. It also addresses the extent to which retention rates are associated with population growth.
Cleveland Fed District Data Brief
How Successful Is Your Region at Retaining Its Native Residents?
This District Data Brief analyzes how well regions in the Fourth District and across the United States retain their native residents and whether their retention rates are associated with population growth.
Research
Economic Commentaries
Publications
Program on Economic Inclusion

A stable economy for all

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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Engaging and rewarding

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