News and Events

Inflation expectations among U.S. business leaders decreased in the first quarter of 2026, according to the Survey of Firms’ Inflation Expectations (SoFIE), which is published by the Cleveland Fed’s Center for Inflation Research.

In a speech to the Ohio Bankers League, President Hammack described the banking system as the US economy’s secret sauce and highlighted the importance of central bank independence.

When Cleveland Fed researchers factor in how widely dispersed consumer forecasts were in early 2025, the degree of unanchoring exceeds the 1970s peak.

Through its advisory councils, the Cleveland Fed engages with a diverse range of business, civic, and community leaders to collect information on regional economic and business conditions.

The Federal Reserve Bank of Cleveland announced the following appointments to its main office board of directors and its branch boards in Cincinnati and Pittsburgh, effective January 1, 2026.

Beth M. Hammack—President and Chief Executive Officer—Federal Reserve Bank of Cleveland—Ohio Bankers League 2026 Economic Summit—Columbus, Ohio

Beth M. Hammack—President and Chief Executive Officer—Federal Reserve Bank of Cleveland—2025 Financial Stability Conference: Financial Stability in a Time of Rapid Economic and Technological Change—Cleveland, Ohio

Beth M. Hammack—President and Chief Executive Officer—Federal Reserve Bank of Cleveland—The Economic Club of New York—New York, New York

Beth M. Hammack | President and Chief Executive Officer | Federal Reserve Bank of Cleveland | Cuyahoga County Community College, Corporate College 20-Year Anniversary Celebration | Warrensville Hts., OH

Beth M. Hammack—President and Chief Executive Officer—Federal Reserve Bank of Cleveland—Policy Summit 2025: Building Strong and Sustainable Communities, Cleveland, OH