Official account of the Federal Reserve Bank of Cleveland, serving the Fourth District since 1913. Likes/RT ≠ endorsements. @ClevFedResearch @CleveFed_ComDev
Joined April 2009
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9,031 Photos and videos
Jun 13
The Federal Reserve has existed for 113 years, but how did the US handle monetary policy before the Fed existed? Join economist emeritus Owen Humpage as he unpacks the crises that led to the Fed's creation in 1913. Register now: clefed.org/4v7CqTR
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Jun 12
Workforce development shapes our economic future. President Hammack visited @OSU's Center for Automotive Research, a Columbus pillar supporting students in advancing automotive research skills. See her thoughts: clefed.org/3PVj9pZ
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Jun 12
Our research says lower-wage workers' pay went further before the pandemic. When accounting for rising prices, paychecks grew more from 2015–2019 than they did during or after the pandemic. This Research [in] Brief breaks the data down: clefed.org/4ur2UQm
ALT “Paychecks Are Growing, but Are Lower-Wage Workers Better Off?”
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Jun 11
Our automated guided vehicles (AGV) move money through each process of the cash life cycle and throughout our automated vault. Check out what a typical day looks like for an AGV:
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Jun 10
The Cleveland Fed's latest estimate of 10-year expected #inflation is 2.49%. clefed.org/IE
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Jun 10
16% trimmed-mean CPI rose 0.3% in May and 2.9% on a year-over-year basis. See our latest median #CPI and trimmed mean #CPI updates: clefed.org/CPI
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Jun 10
Median #CPI rose 0.3% in May and 2.9% on a year-over-year basis. See our latest median #CPI and trimmed mean #CPI updates: clefed.org/CPI
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Jun 9
Our #CPI indicator updates tomorrow. The Cleveland Fed’s #inflation nowcasting model (updated daily!) predicts year-over-year CPI #inflation of 4.18% in May. Check it out: clefed.org/3yCkTHV
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Jun 8
The Federal Reserve has existed for 113 years, but how did the US handle monetary policy before the Fed existed? Join economist emeritus Owen Humpage as he unpacks the crises that led to the Fed's creation in 1913. Register now: clefed.org/4v7CqTR
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Jun 8
31 mins is all you need to listen to all three chapters of our latest storytelling, “Wanted: Soft Skills and the Training That Builds Them.”
Explore the storytelling now to discover how the Cleveland Fed & others are addressing a reported soft skills gap: clefed.org/3RO9uBX
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Jun 6
The Federal Reserve has existed for 113 years, but how did the US handle monetary policy before it existed? Join economist emeritus Owen Humpage as he unpacks the crises that led to the Fed's creation in 1913. Register now: clefed.org/4v7CqTR
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Jun 5
“Entry-level and mid-skill hiring has slowed due to uncertainty caused by tariffs,” one respondent from our March 2026 Community Issues Survey shared. See more on job availability in low- and moderate-income communities: clefed.org/3S48olE
ALT “Community Development Report—Community Issues and Insights 2026: Housing Affordability and Inflation Remain Top Concerns”
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Jun 5
31 minutes is all you need to listen to all three chapters of our latest storytelling, “Wanted: Soft Skills and the Training That Builds Them.”
Listen now to discover how the Cleveland Fed and others are addressing a reported soft skills gap: clefed.org/3RO9uBX
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Jun 5
County government and nonprofit contacts in the Fourth District shared the impacts of rapidly rising costs on the people they serve and their organizations. See their responses in the latest #BeigeBook: clefed.org/3ih7pZx
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Jun 4
Our research says lower-wage workers' pay went further before the pandemic. When accounting for rising prices, paychecks grew more from 2015–2019 than they did during or after the pandemic. This Research [in] Brief breaks the data down: clefed.org/4ur2UQm
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Jun 4
Fourth District employment levels increased modestly on net in recent weeks. Construction contacts reported robust growth in staffing, with some adding employees to support new projects or continue data center work. #BeigeBook clefed.org/3ih7pZx
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Jun 4
In a survey conducted in March, nearly 2/3 of respondents said affordable housing availability had decreased in the past 6 months. This marks the 9th straight semiannual survey since 2022 in which a majority cited this decline. See the full report: clefed.org/3S48olE
ALT “Figure 1: Change in the Economic Conditions of LMI Households in the Six Months Prior to March 2026”
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Jun 3
Accurately measuring rental prices is crucial for measuring inflation. This data is primarily collected via survey, but the nonresponse rate is rising. Missing data is replaced, and our researchers study if there’s a bias in the replacement: clefed.org/4uzb893
ALT “Nonresponse Imputations and Related Measurement Issues in the CPI for Shelter”
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Jun 3
On balance, contacts reported that business activity in the Fourth District increased moderately in recent weeks, with continued moderate growth expected in the months ahead. #BeigeBook clefed.org/3ih7pZx
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Jun 3
The results of our May 2026 Survey of Regional Conditions and Expectations (SORCE) provide insight into how businesses were impacted by tariffs imposed under the International Emergency Economic Powers Act. See the details: clefed.org/43FGfnx
ALT “District Data Brief—SORCE Insights: Realized Tariff Impacts on Fourth District Firms”
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