Press Releases
2020
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Financial Statements for the Federal Reserve Bank of Cleveland
The Federal Reserve System released the 2019 annual financial statements for the 12 Federal Reserve Banks, individually and combined, as well as for the Board of Governors. Read More
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President's Speech: President Mester gives remarks at the Shadow Open Market Committee conference dedicated to Marvin Goodfriend in New York
President Mester gives remarks at the Shadow Open Market Committee conference dedicated to Marvin Goodfriend in New York. Read More
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Cleveland Fed researchers examine the inflation differential between CPI and PCE
In this Economic Commentary, the researchers examine the differences in how the two measures are constructed, the reasons for their historical divergences, and the prospects for their relationship going forward. Read More
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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 March 3, 2020 -- Federal Reserve Bank of Cleveland researchers find that the median federal funds rate across the policy rules and forecasts rises from 1.94 percent in 2020:Q1 to 2.55 percent in 2022:Q1. Read More
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President's Speech: "An Update on the U.S. Economy and the Federal Reserve’s Review of Its Monetary Policy Framework"
President Mester discusses "An Update on the U.S. Economy and the Federal Reserve’s Review of Its Monetary Policy Framework" in London. Read More
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Cleveland Fed researcher provides a brief history of bank capital requirements in the United States
This Economic Commentary provides a historical perspective on current discussions of capital requirements by looking at how the understanding of bank capital and the regulations regarding its use have changed over time. Read More
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Cleveland Fed researcher finds little evidence that affirmative action bans result in migration across state lines to attend college
The results thus do not support the view that interstate migration for college is a cause for concern when assessing the merits of affirmative action policies. Read More
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President Mester discusses “The Outlook for the Economy and Monetary Policy in 2020” in Washington.
President Mester discusses “The Outlook for the Economy and Monetary Policy in 2020” in Washington. Read More
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President Mester gives remarks for the session: “Hall of Mirrors: Feedback Between Monetary Policy and Asset Prices” at the U.S. Monetary Policy Forum in New York
President Mester gives remarks for the session: “Hall of Mirrors: Feedback Between Monetary Policy and Asset Prices” at the U.S. Monetary Policy Forum in New York. Read More
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President Mester discusses “Modernizing Our Payments System” in Sarasota, Florida
President Mester discusses “Modernizing Our Payments System” in Sarasota, Florida. Read More