News from the Fed

  • Educational attainment: Ohio has made progress in some areas, lags in others - Cleveland Fed research
  • They go together -- economic performance and the skills of a region’s workforce. Read more
  •  
  • Exchange-Traded Funds
  • Exchange-traded funds (ETF) are one of the most successful financial innovations of the last few decades and, since 2005, have posted phenomenal growth. But could this rapidly growing asset class pose a risk to the stability of the financial system? Emre Ergungor, a researcher at the Federal Reserve Bank of Cleveland, says "not anytime soon." Read more
  •  
  • 2012 Federal Reserve Bank of Cleveland Policy Summit on Housing, Human Capital, and Inequality

  • Join us June 28 and 29 in Cleveland for the 10th annual Policy Summit, which focuses on effective strategies for strengthening and rebuilding communities. A particular emphasis is on measurement--in short, what programs and policies work, and how do we know it?

    Nationally known experts in their fields will showcase some of the latest research and programs in these areas: workforce development, education policy, REO and rental housing, the shifting landscape of economic development, and more!

    Read more
  •  
  • President Pianalto Highlights "Communication - A Key to Value-Added Supervision"
  • At a program in Lexington sponsored by the Kentucky Department of Financial Institutions, Federal Reserve Bank of Cleveland President Sandra Pianalto talked about current economic conditions and her outlook. She also discussed challenges facing bankers and the importance of two-way communication in the supervisory process. Read more
  •  

More…

From President Pianalto

Sandra Pianalto, President and CEO, Federal Reserve Bank of Cleveland
Sandra Pianalto
President and CEO
Bio

All speeches

Consumer Help

Features

President Pianalto Highlights "Communication - A Key to Value-Added Supervision"

At a program in Lexington sponsored by the Kentucky Department of Financial Institutions, Federal Reserve Bank of Cleveland President Sandra Pianalto talked about current economic conditions and her outlook. She also discussed challenges facing bankers and the importance of two-way communication in the supervisory process. Read more

Spring Forefront: The Public Sector’s Other Debt Overhang Problem

The spring issue of Forefront, the Cleveland Fed’s policy magazine, explores the troubles facing state and local government finances. What concerns should we have about public pensions and municipal bond markets? Find out in our package of articles.

Also in this issue —an interview with Federal Reserve Bank of Cleveland President and CEO Sandra Pianalto

Read more

Cleveland Fed Emphasizes Stress Measurement to Promote Financial Stability

The Federal Reserve Bank of Cleveland has developed a tool - the Cleveland Financial Stress Index, or CFSI - that can monitor the condition of broad financial sectors and provide insight into the factors that are adversely affecting these markets. Read more

Career Opportunities

Learn more about the opportunities to make a difference with the Federal Reserve Bank of Cleveland. Read more

Median Consumer Price Index

Median Consumer Price Index

Credit Easing Policy Tools

Credit Easing Tools

Latest Economic Research

  • 10 Things to Know about the Shape of Ohio’s Skilled Workforce
  • and
  • A region’s economic performance is closely linked to the skills and knowledge of its workforce. Using college attainment as a measure of workforce skills, we examine overall trends in higher education to get a sense of where Ohio stands relative to other states. The data reveal that Ohio has made some progress, especially in improving educational attainment in its younger workers. At the same time, Ohio lags in a number of other dimensions, in particular, in its overall level of college attainment and in attracting educated workers into the state. Read more  (PDF)
  •  
  • Labor Markets: Glass Half Empty…Glass Half Empty
  • and
  • The April 2012 employment report offered a mixed bag of results. The household survey reflected a mixed picture, as well. Over the course of the last four years, the size of the labor force has essentially remained constant, even as the civilian noninstitutional population (16 years and older) has grown by over 9 million individuals. Read more
  •  
  • A Return to Lower Levels of Investment Activity
  • and
  • Investment activity accelerated during the 1990s, remained elevated until the 2007 recession, and then returned to lower, more typical levels. We explore whether this pattern has anything to do with the slowness of the current recovery. Read more
  •  
  • Exchange-Traded Funds

  • ETFs are one of the most successful financial innovations of the last few decades. As a new, rapidly growing, and increasingly complex financial instrument, ETFs might raise concerns about the risk they pose to financial stability. While they do not seem to pose a threat at this time, ETFs did expose a weakness in U.S. stock markets during the Flash Crash of 2010: the fragmented nature of trading, which can leave some markets very shallow.

    Read more  (PDF)
  •  

More…