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Cleveland Fed appoints Emily Garr Pacetti vice president and community affairs officer

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The Federal Reserve Bank of Cleveland announced the appointment of Emily Garr Pacetti as vice president and community affairs officer, effective July 31, 2017. She will lead the Bank’s Community Development Department, overseeing research and policy analysis, outreach, and other community development initiatives in the Fourth Federal Reserve District, an area that comprises Ohio, western Pennsylvania, eastern Kentucky, and the northern panhandle of West Virginia.

Emily Garr Pacetti

Emily Garr Pacetti

Pacetti joins the Bank from The Rockefeller Foundation in New York, where, as associate director, she developed and managed initiatives designed to support more equitable, long-term economic development in US cities and regions. Prior to joining the foundation, she was director of research and evaluation at the Cleveland-based Fund for Our Economic Future, a philanthropic collaborative dedicated to making the region economically competitive and inclusive.

Pacetti also has experience analyzing regional labor markets, gained at the Brookings Institution in its Metropolitan Policy Program and at the Economic Policy Institute, both in Washington, DC. She also served as a research fellow in the Federal Reserve Bank of Boston’s Working Cities Initiative and as a Fulbright Fellow in Mexico City.

A Cleveland native, Pacetti received a master’s degree in public administration from Harvard University’s John F. Kennedy School of Government, a master’s degree in urban studies from El Colegio de Mexico, and a bachelor’s degree in political communications from Emerson College.

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 nation’s central bank, the Cleveland Fed participates in the formulation of US monetary policy, conducts economic research, 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 education activities.

The Cleveland Fed, headquartered in Cleveland with branches in Cincinnati and Pittsburgh, has 950 employees and serves an area that comprises Ohio, western Pennsylvania, eastern Kentucky, and the northern panhandle of West Virginia. For more information, go to or follow us on Facebook and Twitter.

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