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Press Release

Cleveland Fed’s Center for Inflation Research announces improved website and establishment of advisory council

In an effort to help policymakers, researchers, and the public gain a better understanding of inflation and the factors that influence its behavior, the Federal Reserve Bank of Cleveland’s Center for Inflation Research has launched a new website with easy access to redesigned pages for the indicators and data on the Cleveland Fed website. The Center’s new website offers more information and user-friendly commentary highlighting national price trends and key data series through the following pages:

Inflation 101
Consumer Price Data
Median CPI
Inflation Charting
Inflation Nowcasting
Measures of Expected Inflation

Building on our long history of research and analysis related to inflation measurement and forecasting, the Center seeks to be a leading resource for “all things inflation.” It offers a combination of research, analyses and data, background and commentary, and hosts an annual conference series dedicated to inflation. The information and research is intended for readers whose interests range from staying informed about inflation developments to learning about recent theoretical and empirical work analyzing the inflation process.

Robert Rich, a senior economic and policy advisor in the Bank’s Research Department, is director of the Center. Raphael Schoenle has joined the Bank as deputy director of the Center and is a senior research economist.

The Center for Inflation Research is also pleased to announce the formation of an advisory council. The inaugural advisory council members are:

Olivier Coibion
Associate Professor, University of Texas at Austin

Julia Coronado
President and Founder, MacroPolicy Perspectives
Clinical Associate Professor of Finance, University of Texas at Austin

Jon Faust
Senior Special Advisor to the Chair of the Federal Reserve

Emi Nakamura
Chancellor’s Professor of Economics, University of California, Berkeley

Frank Smets
Director General of the Directorate General Economics, European Central Bank

Silvana Tenreyro
Professor, London School of Economics and Political Science
Member, Bank of England’s Monetary Policy Committee
Fellow, British Academy
Vice President and President Elect, European Economic Association

Mark Watson
Howard Harrison and Gabrielle Snyder Beck Professor of Economics and Public Affairs, Princeton University

Learn more about the Center for Inflation Research, and subscribe to receive updates.

Federal Reserve Bank of Cleveland

The Federal Reserve Bank of Cleveland is one of 12 regional Reserve Banks that along with the Board of Governors in Washington DC comprise the Federal Reserve System. Part of the US central bank, the Cleveland Fed participates in the formulation of our nation’s monetary policy, supervises banking organizations, provides payment and other services to financial institutions and to the US Treasury, and performs many activities that support Federal Reserve operations System-wide. In addition, the Bank supports the well-being of communities across the Fourth Federal Reserve District through a wide array of research, outreach, and educational activities.

The Cleveland Fed, with branches in Cincinnati and Pittsburgh, serves an area that comprises Ohio, western Pennsylvania, eastern Kentucky, and the northern panhandle of West Virginia.

Media contact

Doug Campbell,, 513.218.1892