Press Releases
2020
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President's Speech: President Mester discusses “Toward a More Inclusive Economy” with the African American Chamber of Commerce of Western Pennsylvania
President Mester discusses “Toward a More Inclusive Economy” with the African American Chamber of Commerce of Western Pennsylvania Read More
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President Mester discusses “Payments and the Pandemic” at the Chicago Payments Symposium
President Mester discusses “Payments and the Pandemic” at the Chicago Payments Symposium. 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 September 1, 2020 -- Federal Reserve Bank of Cleveland researchers find that the median federal funds rate across the policy rules and forecasts rises from -2.53 percent in 2020:Q3 to -1.64 percent in 2022:Q3. Read More
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President Mester discusses “An Update on the Economy and Monetary Policy” in a NABE Foundation seminar.
President Mester discusses “An Update on the Economy and Monetary Policy” in a NABE Foundation seminar. Read More
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Cleveland Fed launches new effort to measure eviction filings in 63 US jurisdictions
Evictions are a serious risk for households facing job loss and economic upheaval during the COVID-19 pandemic. To understand how the crisis is affecting evictions, weekly eviction data are now being updated and charted regularly on the Cleveland Fed’s website. Read More
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Modeling the spread of infectious diseases: Is there a better way?
Cleveland Fed researchers argue that incorporating a network perspective, which accounts for patterns of real-world interactions, into epidemiological models provides useful insights into the spread of infectious diseases. Read More
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Cleveland Fed Named NorthCoast 99 Award Winner for 21st Consecutive Year
The Federal Reserve Bank of Cleveland is proud to be recognized for the 21st consecutive year by ERC as one of 99 great Northeast Ohio workplaces for top talent. Read More
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The Cleveland Fed Invites Firms to Participate in a Virtual Fintech Innovation Event
The Cleveland Fed invites financial institutions and fintech firms engaged in emerging financial technologies to apply for one-on-one financial innovation discussions with Federal Reserve subject matter experts. Read More
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After Spiking Amid Shutdowns, Layoffs Ease in Four Midwestern States
Cleveland Fed researchers use Worker Adjustment and Retraining Notification (WARN) Act data to assess layoffs in four Midwestern states during the current pandemic-induced recession— Kentucky, Ohio, Pennsylvania, and West Virginia. Read More
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President Mester discusses “The Economy and Monetary Policy in Our Challenging Times” in a Liberal Arts Macroeconomics videoconference
President Mester discusses “The Economy and Monetary Policy in Our Challenging Times” in a Liberal Arts Macroeconomics videoconference. Read More