Press Releases
2021
-
Cleveland Fed announces appointments to Cleveland, Cincinnati, and Pittsburgh boards
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, 2021. Read More
-
President’s Speech:
President’s Speech: “Moving Toward a Broad-Based Sustainable Economic Recovery in the U.S.” with the European Economics and Financial Centre. Read More
-
Federal Reserve Bank of Cleveland Announces Officer Promotions
The Bank announced several promotions effective January 1, 2021. Read More
-
Cleveland Fed to Host 2021 Economic Outlook
The Cleveland Fed is beginning the 2021 FedTalk series with an economic outlook. A Cleveland Fed researcher will discuss the economic trends and drivers that he will be watching in 2021. Read More
-
President’s Speech:
President Mester discusses "Increasing Diversity in Economics: From Students to Professors" at the Allied Social Science Associations Annual Meeting. Read More
-
President’s Speech:
President Mester discusses “Patience Will Be a Virtue in Fostering a Broad-Based Sustainable Recovery” at the Allied Social Science Associations Annual Meeting. Read More
2020
-
New Interactive Tool by the Federal Reserve Banks of Cleveland and Philadelphia Helps Workers Chart Pathways from Lower-Wage to Higher-Paying Jobs
The Federal Reserve Banks of Cleveland and Philadelphia launched an interactive online tool to help workers without a bachelor’s degree transition to occupations that require similar skill sets and provide a meaningful increase in pay. Read More
-
FedTalk: Community Reinvestment Act…In The Community
As regulators consider the first major update to CRA rules in 25 years, our final FedTalk of the year will provide a forum to discuss CRA successes and ways in which the law can be leveraged for greater impact. Read More
-
Cleveland Fed’s Systemic Risk Indicator is Reliable, Timely, and Valid When Predicting Stress
The Cleveland Fed’s systemic risk indicator was developed in response to the financial crisis of 2007-2009 in the hope that it could provide regulators with advance warning of conditions that might warrant a corrective response. Read More
-
Update on fed funds rates based on 7 simple monetary policy rules: Cleveland Fed
Looking at the federal funds rates coming from seven simple monetary policy rules and three economic forecasts -- based on data and forecasts available as of December 1, 2020 -- Federal Reserve Bank of Cleveland researchers find that the median federal funds rate across the policy rules and forecasts rises from -0.47 percent in 2020:Q4 to 0.67 percent in 2022:Q4. Read More