Federal Reserve Bank of Cleveland
12 angry members: why dissent is growing on the FOMC
Hardening views on wisdom of further cuts mean committee’s next meeting is unlikely to be harmonious
Average inflation targeting raised post-Covid prices in US – study
Dallas Fed research argues Fait framework contributed to surging prices
Federal Reserve cuts rates by 25bp
Powell says effects of Trump’s proposed policies, including tariffs, remain unclear
US inflation’s last mile ‘could take several years’ – Cleveland Fed
Favourable shocks are necessary to reach 2% quickly, researcher argues
BoJ hawkishness due to weak yen belies wage inflation concerns
The contrast in Japan-US economic, price and wage performance and their implications for monetary policies
Beth Hammack named new Cleveland Fed president
Former Goldman Sachs executive will vote on Fed policy in 2024
Debt-related driving bans create instability – Fed research
Punishments disproportionately affect low-income and minority communities
Banking deserts increase in ‘majority-minority’ areas of US
Dearth of facilities disproportionately affects non-white citizens and people with disabilities
FOMC members’ narratives add value to projections, finds paper
Both staff and FOMC members 'projections aid forecasting, refuting Romer and Romer
US instant payment system FedNow goes live
Mester says service could handle P2P, cross-border, and interoperable payments
Fed officials disagree on dealing with uncertainty
Vice-chair Brainard and Cleveland Fed’s Mester take different stances on uncertainty
Fed outlook: officials urge caution amid uncertainty
Pace of rate hikes doesn’t need to be as “rampant” as recent moves, says Mary Daly
US consumers may be listening more to Fed comms, researchers say
Consumer expectations becoming more informative and less sticky, survey data suggests
Regional Fed presidents signal resolve and acknowledge recession risks
Fed’s Collins, Mester, Bullard, Evans, Kashkari and Daly speak on the path ahead for policy
Fed keeps investors guessing on speed and endpoint of tightening
Investors generally agree the Fed will tighten policy, but how much and when are unclear
Central bank social media trends in the ‘Instagram age’
Uptake of visual social media platforms rises, as Facebook usage plateaus
People: Chilean Senate confirms board member
Plus senior appointments in New Zealand, Sri Lanka, Bangladesh and more
Delta variant had smaller impact on US consumer spending
Cleveland Fed finds weaker or no link between hospitalisation and spending in 2021
US bank mergers have not cut branch access – Cleveland Fed
Despite fall in banking firms, number of branches has grown, research finds
People: Bank of Korea nominates board member
Bolivia’s former governor Pablo Ramos Sánchez dies; Trevor Braithwaite departs ECCB; and more
Regional Feds make string of appointments
Atlanta, Cleveland and Dallas Feds name officials, while St Louis appoints outside advisers