We’re accountable for our actions, we deliver on our commitments, and we have the highest quality standards. We embrace diversity and inclusion in all of their forms. We innovate and strive for continuous improvement. We’re honest, respectful, and ethical in everything we do, and we serve the public and strive to earn its trust and confidence every day. The Cleveland Fed is recognized as a great place to work by our employees and as an employer of choice by organizations such as NorthCoast 99, DiversityInc, and the Human Rights Campaign Foundation.

Description: We report estimates of the expected rate of inflation over the next 30 years along with the inflation risk premium, the real risk premium, and the real interest rate. How we get our estimates: Our estimates are calculated with a model that uses Treasury yields, inflation data, inflation swaps, and survey-based measures of inflation expectations. Download our spreadsheet to see all the inflation expectations model’s outputs. ### Description: We calculate the median CPI and the 16 percent trimmed-mean CPI based on data released in the Bureau of Labor Statistics’ monthly CPI report. Median CPI is the one-month inflation rate of the component whose expenditure weight is in the 50th percentile of price changes. 16 percent trimmed-mean CPI is a weighted average of one-month inflation rates of components whose expenditure weights fall below the 92nd percentile and above the 8th percentile of price changes. Benefits: By omitting outliers (small and large price changes)...

Our mission is founded in public service—strengthening the economic performance of the nation and our region and making a difference in the communities we serve. At our Bank, you’ll get the benefits you need and have the work–life balance you want. Your health, finances, and professional achievement matter to us. And our culture is one of inclusion, in which diversity of thought is encouraged and uniqueness embraced.

Be part of something big. Be part of our future. Make the Federal Reserve Bank of Cleveland your next career move.

Summer Scholar

Rebecca Cowin is a summer scholar in the Community Development Department. She is pursuing a BA in economics with a minor in Spanish at the University of Minnesota.

Read bio…

Description: We calculate the median CPI and the 16 percent trimmed-mean CPI based on data released in the Bureau of Labor Statistics’ monthly CPI report. Median CPI is the one-month inflation rate of the component whose expenditure weight is in the 50th percentile of price changes. 16 percent trimmed-mean CPI is a weighted average of one-month inflation rates of components whose expenditure weights fall below the 92nd percentile and above the 8th percentile of price changes. Benefits: By omitting outliers (small and large price changes) and focusing on the interior of the distribution of price changes, the median CPI and the 16 percent trimmed-mean CPI can provide a better signal of the underlying inflation trend than either the all-items CPI or the CPI excluding food and energy (also known as core CPI).

Our mission is founded in public service—strengthening the economic performance of the nation and our region and making a difference in the communities we serve. At our Bank, you’ll get the benefits you need and have the work–life balance you want. Your health, finances, and professional achievement matter to us. And our culture is one of inclusion, in which diversity of thought is encouraged and uniqueness embraced.

Be part of something big. Be part of our future. Make the Federal Reserve Bank of Cleveland your next career move.

Our mission is founded in public service—strengthening the economic performance of the nation and our region and making a difference in the communities we serve. At our Bank, you’ll get the benefits you need and have the work–life balance you want. Your health, finances, and professional achievement matter to us. And our culture is one of inclusion, in which diversity of thought is encouraged and uniqueness embraced.

Be part of something big. Be part of our future. Make the Federal Reserve Bank of Cleveland your next career move.

Background: The Cleveland Fed has been maintaining a survey of consumers for their views on how they are responding to COVID-19, the illness caused by the novel coronavirus of late 2019, and how COVID-19 is likely to impact the economy. Description: We update the results from these surveys on a weekly basis.

Presenting:

Loretta J. Mester

President and Chief Executive Officer

Federal Reserve Bank of Cleveland

 

During this special presentation, President Mester will discuss long-standing economic inequality — and what might be done to address it.

 

Please join us for this timely and informative webinar.

 

There is no charge for this event but you must RSVP by September 25, 2020

 

412-392-0610 or information@aaccwp.com

  

We will send you the webinar link once you have sent us your RSVP.

 

Sponsored by: PNC

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These data updates capture weekly eviction filing counts for 63 jurisdictions across the US, representing approximately 13 percent of renter households in the country. To learn more about our methods and to read an in-depth analysis of policy effects on eviction filings, see Measuring Evictions during the COVID-19 Crisis, published in July 2020. Since the report was published, we continue to make methodological improvements. See below for a list of changes.

The data shared here is part of an ongoing research project and is subject to revision. To share corrections or observations, please contact Hal Martin (hal.martin@clev.frb.org). Data will be updated regularly. Unless otherwise specified, all dates in this report refer to the year 2020.

Details of pandemic-related eviction policy vary greatly from place to place. We classify jurisdictions as...

Manufacturing is not enjoying the heyday it once did, but in America’s industrial heartland, it is still very much alive. The industry faces many challenges, and one is finding and retaining its next generation of workers. Solving the problem promises benefits to people, companies, and entire communities. Falling short means missed opportunities: undiscovered careers, firms that can’t grow as much or as fast, and communities constrained by the weakening of the sector.

2020 Reports Coming Soon!

Place an order to purchase your organization's 2019 Top Performer Summary Report! This valuable publication provides insight into the opinions and level of engagement of your top employees, each of whom participated in a 67-question survey as part of your application.

Highlights from this year's report include:

The Beige Book, released 8 times a year, contains reports of economic conditions across the United States by region. Reports are based on information gathered primarily through interviews with business people and are prepared by each of the 12 Federal Reserve Banks for their respective Districts.

Our mission is founded in public service—strengthening the economic performance of the nation and our region and making a difference in the communities we serve. At our Bank, you’ll get the benefits you need and have the work–life balance you want. Your health, finances, and professional achievement matter to us. And our culture is one of inclusion, in which diversity of thought is encouraged and uniqueness embraced.

Be part of something big. Be part of our future. Make the Federal Reserve Bank of Cleveland your next career move.