Federal Reserve Bank of Cleveland

Exploring the Federal Reserve Bank of Cleveland: A Comprehensive Guide

Delve into the intricacies of the Federal Reserve Bank of Cleveland, one of the 12 reserve banks within the Federal Reserve System (FRS). Learn about its responsibilities, organizational structure, and significant contributions to monetary policy and economic research.

Unveiling the Cleveland Fed

Discover the role of the Federal Reserve Bank of Cleveland in executing monetary policy, regulating banks within its territory, and providing essential financial services. Explore its jurisdiction, which covers Ohio, parts of Pennsylvania, West Virginia, and Kentucky, and learn about its branch offices in Cincinnati and Pittsburgh.

Leadership and Monetary Policy

Gain insight into the leadership of the Cleveland Fed, led by President Loretta Mester, and its participation in the Federal Open Market Committee (FOMC). Explore the influence of the bank's policy views and research on monetary policy decisions, including its stance on interest rates and inflation.

Educational Initiatives and Economic Research

Learn about the Cleveland Fed's commitment to education through initiatives like the Fed Scholars Program, offering internship opportunities to local high school students. Explore its research endeavors, including the Center for Inflation Research and publications on alternative measures of inflation and the opioid epidemic's impact on the labor force.