Press Releases
2021
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Does Consumer Spending Decrease when COVID-19 Surges?
Cleveland Fed researchers look at the relationship between state-level changes in consumer activity and COVID-19 hospitalization rates to see how consumer activity has responded to the delta surge and to make comparisons with consumer activity during the fall 2020 surge. Read More
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Bank Consolidation and Access to Full-Service Bank Branches
The consolidation that took place in the banking industry during the 2000s and 2010s led to an increase in the total number of bank branches per institution and resulted in a larger number of branches to meet customers’ banking needs, according to a study by the Federal Reserve Bank of Cleveland. Read More
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President’s Speech: “Cybersecurity and the Federal Reserve”
President Mester discussed “Cybersecurity and the Federal Reserve” at the Fourth Annual Managing Cyber Risk from the C-Suite Conference, sponsored by the Federal Reserve System's Large and Foreign Banking Organizations Management Group. Read More
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How Large Are the American Rescue Plan Fund Distributions to State and Local Governments…And How Much Change Are They Likely to Create?
The U.S. government is distributing $350 billion to state and local governments through the American Rescue Plan, legislation passed by Congress to address the continued impact of COVID-19. Read More
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Strong Demand, Limited Supply, and Rising Prices: The Economics of Pandemic-Era Housing
In a new report, Cleveland Fed researchers highlight key developments in the residential real estate and construction industry over the course of the pandemic, including recent indications that price growth will slow. Read More
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Is Higher Inflation Here to Stay? Cleveland Fed Researchers Answer Your Questions
Do you have “sticker shock?” Surprised by the recent surge in inflation? Even though inflation is running higher than usual, researchers at the Cleveland Fed say most likely it won’t last. Read More
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President’s Speech: “What’s Ahead for the U.S. Economy and Monetary Policy?”
President Mester discussed “What’s Ahead for the U.S. Economy and Monetary Policy?” at the 2021 CEO Symposium of the Ohio Bankers League. Read More
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Federal Reserve Bank of Cleveland’s FedTalk Series Spotlights Small, Minority-, and Women-Owned Businesses
Join us for a virtual discussion on the opportunities small businesses have seized and the challenges they've faced before and during the pandemic. Read More
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Federal Reserve Bank of Cleveland Appoints Chief Information Officer
The Federal Reserve Bank of Cleveland announces that Chandana Kathuria has been appointed senior vice president and chief information officer. Read More
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President’s Speech: “The Federal Reserve’s Revised Monetary Policy Strategy and Its First Year of Practice”
President Mester discussed “The Federal Reserve’s Revised Monetary Policy Strategy and Its First Year of Practice” at a virtual webinar hosted by the Bank of Finland and CEPR. Read More