Press Releases
2017
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Standard approach to measuring impact of job loss on earnings overstates long-term earnings losses, says Cleveland Fed economist
An alternative approach suggests a healthy recovery in earnings in the decade following displacement, rather than a permanent decline. Read More
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Merger control policies lead European banks to find value in less anticompetitive mergers, says Cleveland Fed economist
Analysis of European banks finds stricter merger policies are associated with higher announcement premiums for target banks Read More
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Perspectives on the Economic Outlook and Banking Supervision and Regulation
President Mester discusses “Perspectives on the Economic Outlook and Banking Supervision and Regulation” at the Community Bankers Association of Ohio Annual Convention in Cincinnati, Ohio. Read More
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Eliminating housing blight in Cuyahoga County: Demolition or rehabilitation?
A Cleveland Fed analyst says the diversity in the county’s real estate markets requires pursuing both strategies. Read More
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Cleveland Fed appoints Emily Garr Pacetti vice president and community affairs officer
She will lead the Bank's Community Development Department, overseeing research and policy analysis, outreach, and other community development initiatives. Read More
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Consumer Scam Alert: Do Not Use Federal Reserve Routing Account Numbers to Pay Bills; Could Face Late Fees, Other Charges
Attempting to use Fed routing numbers to pay bills could result in late fees or other penalty charges. Read More
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Home loan outcomes vary by race, income, and county, according to a Cleveland Fed analysis of HMDA data for Cuyahoga County, Ohio, and Allegheny County, Pennsylvania
In 2015, low- and moderate-income (LMI) black borrowers were less likely than LMI white borrowers to get approved for a home purchase loan, regardless of borrower income and the income of the neighborhood in which they sought to buy. Read More
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Cleveland’s “Fed Scholars” pen book on the city through their eyes
The Cleveland Fed offers a toolkit with tips and resources for others interested in starting their own story project. Read More
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Wealth mobility has declined since the 1980s, say Cleveland Fed researchers
Families have become less likely to change their position in the wealth distribution over time, and those that do move are less likely to go very far. Read More
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The Federal Reserve System and Community Development: The Why, The How, and The What
President Mester discusses "The Federal Reserve System and Community Development: The Why, The How, and The What" at the 2017 Policy Summit on Housing, Human Capital, and Inequality in Cleveland, Ohio. Read More