Program on Economic Inclusion
At the Cleveland Fed, we believe that for the economy to live up to its full potential, all people must be able to fully participate in it to the best of their abilities.
This is one reason why the Federal Reserve Bank of Cleveland is committed to racial equity and economic inclusion, and it’s what drives our Program on Economic Inclusion (PEI). We recognize that racism has limited and continues to limit economic and educational opportunities for many US workers and their families, both for past and current generations. The work of our economists, analysts, and outreach staff helps to ensure that the economy offers opportunities to all, with specific attention to the structural barriers that limit the full potential of communities of color.
The PEI advances our ongoing work on this critical issue, covering topics such as the racial wealth gap, jobs and workforce, housing and redlining, small businesses owned by people of color, and access to credit.
To read about our Bank’s commitment to diversity, equity, inclusion, and opportunity for our employees and the communities we serve, please visit our page on Racial Equity and Economic Inclusion.
- What Is Behind the Persistence of the Racial Wealth Gap?
- Small Business Credit Survey 2021 Report on Firms Owned by People of Color
- Economic Inclusion 2000–2020: Labor Market Trends by Race in the US and States
- CRA, Racism & the Federal Reserve: A Midwest Perspective
- Equality Is Not Enough: Reflections on the Paycheck Protection Program
- An Uphill Battle: COVID-19’s Outsized Toll on Minority-Owned Firms
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