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Explore our Resources this Financial Literacy Month

Teachers, parents, and students: check out games, lesson plans, and more—all designed to engage while teaching personal finance concepts and skills.

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Latest Inflation Numbers

View all indicators and data

Median CPI

Change in median CPI:
+0.4% in March 2024

Change in 16% trimmed-mean CPI:
+0.3% in March 2024

See the data

Inflation Expectations

10-year expected inflation: 2.34%

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President’s Speech: An Update on the U.S. Economy and Monetary Policy

President Mester spoke to business economists in Cleveland, Ohio, on April 2, 2024.

New Fed report looks at small business conditions

The Small Business Credit Survey 2024 Report on Employer Firms explores how small firms performed in 2023, the challenges they faced, and their experiences seeking financing.

For Many Who Want to Own a Home, It’s Tough—Even in Affordable Places Like Ohio

Homebuyers, housing experts, and Cleveland Fed researchers discuss the state of affordable homeownership and why it matters.

Economic Commentary
The Evolution of US Bank Capital around the Implementation of Basel III
On average, capital ratios of US banks increased between 2009 and 2012, plateauing before the Basel III rules came into force, but timing varied by bank size and capitalization.
Cleveland Fed District Data Brief
How Has Ohio Fared in the Current Business Cycle?
This brief explores how Ohio’s economy has fared in the current business cycle and how it has compared to those of other states by using quarterly GDP data.
Cleveland Fed District Data Brief
Urban and Regional Migration Estimates, Fourth Quarter 2023 Update
This Data Brief updates the figures that appeared in “Urban and Regional Migration Estimates: Will Your City Recover from the Pandemic?” with data for 2023:Q4 for all series.
Economic Commentary
The Failure of the Bank of the Commonwealth: An Early Example of Interest Rate Risk
This Economic Commentary describes the failure of Commonwealth Bank in 1972 resulting from a bad bet against a rise in interest rates and compares it with the failures of Silicon Valley Bank and First Republic in 2023.
Research
Economic Commentaries
Publications
Program on Economic Inclusion

A stable economy for all

That’s our goal at the Cleveland Fed. Serving the Fourth Federal Reserve District, we strive to ensure the health of our monetary system through our role in regulating financial institutions, and we promote education and community development through research and programming.

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Work with us

Looking for your next opportunity? We’re proud to be ranked a top place to work in Northeast Ohio, offering the benefits you need and the work-life balance you want in addition to promoting an inclusive culture of diversity and acceptance. Join us in our mission to strengthen the economic performance of the nation and our region and make a positive impact on the communities we serve.

Our careers
Engaging and rewarding

Working as a software developer for the bank in Information Technology is engaging and rewarding. I get to build valuable solutions for customers while working with a team who foster creativity, innovation, and learning. There is never a dull moment in IT.

— Frank Cerny, Software Developer II