Official account of the Federal Reserve Bank of Cleveland, serving the Fourth District since 1913. Likes/RT ≠ endorsements. @ClevFedResearch@CleveFed_ComDev
The Federal Reserve has existed for 113 years, but how did the US handle monetary policy before the Fed existed? Join our economist emeritus Owen Humpage as he unpacks the crises that led to the Fed's creation in 1913. Register now: clefed.org/4v7CqTR
Housing costs, price increases that are straining budgets, and the affordable housing shortage were the top concerns in a March 2026 survey of organizations serving low- and moderate-income communities. See the report: clefed.org/3S48olE
Erie, PA is under construction.
Beth Hammack, our president and CEO, saw several downtown redevelopment projects, some complete and some underway, during a recent visit.
The trip highlighted the region’s opportunities and challenges. Learn more: clefed.org/4ek0MDh
The Federal Reserve has existed for 113 years, but how did the US handle monetary policy before the Fed existed? Join our economist emeritus Owen Humpage as he unpacks the crises that led to the Fed's creation in 1913. Register now: clefed.org/4v7CqTR
Want to level up your career without starting over? The Occupational Mobility Explorer shows how job skills can transfer to higher-paying roles in your area.
Try the tool: clefed.org/3FXqOP9
During President Hammack's first visit to Erie, PA she heard directly from workers about how rising costs are forcing families to make tough decisions.
Read about her visit: clefed.org/4ek0MDh (2/2)
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
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
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
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
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