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Press Release

Understanding Financial Health: Race and the Financial Lives of Young Adults and Students

04.06.2021

For National Financial Literacy Month, the Cleveland Fed’s April FedTalk invites public policy and education experts to discuss race and the financial lives of students and young adults (18-36 years old).

Who:
Speakers:

  • Abdullah Al‐Bahrani, Associate Professor of Economics and the Director of the Center for Economics Education, Northern Kentucky University
  • Khaz Finley, Supervisor, Education and Museum Outreach, Federal Reserve Bank of Cleveland
  • Thea Garon, Senior Director, Financial Health Network
  • Angela Lowery, Director, Financial Empowerment College and Career Readiness, United Way of Summit & Medina County

Moderator:
Alexandria Halmbacher, Manager, Education and Museum Outreach, Federal Reserve Bank of Cleveland

What: Speakers will explore disparities in financial health outcomes and unique challenges experienced by communities of color. They will also discuss the structural conditions that play a role in deciding what types of opportunities are available to different groups of people and the potential for financial literacy education to narrow the racial wealth gap.

When: Wednesday, April 14, noon to 1:30 pm ET

Watch: The online webinar is available beginning at noon ET. The program is free and open to the public, but advance registration is required. Audience Q&A will follow the presentation.

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, doug.campbell@clev.frb.org, 513.218.1892