Federal Reserve Bank of Cleveland
Cleveland Fed: Fed’s abandonment of FX controls justified
Cleveland Federal Reserve study says Fed was right to stop intervening in foreign exchange markets as it helped stabilise prices in long term
EXCLUSIVE: Pick and choose from social media tools: BIS’s Laurmaa
Bank for International Settlements’ head of web publishing Timo Laurmaa says Twitter more beneficial to profit-making companies; short releases help when reaching out to wider-than-usual audience
Philly, Cleveland Fed presidents net inflation-busting pay rises
Federal Reserve's Annual Report shows ten out of 12 regional Fed presidents earned above-inflation salary increases
NY Fed names new minder for AIG portfolio
Federal Reserve Bank of New York's new special investments management group will oversee its American International Group (AIG) and Maiden Lane III portfolios
Fed outsources in-house cheque images system
The Federal Reserve has decided to migrate its archive of cheque images to a private provider in an effort to reduce costs.
Look to Stockholm for bailout tips: Cleveland Fed
A Cleveland Federal Reserve study has urged officials to follow Sweden's lead in resolving the financial crisis.
Beige Book signals economy remains weak
The latest edition of the Federal Reserve's Beige Book, which charts business conditions in the 12 districts overseen by the regional Feds, indicates the pace of economic activity remains slow across most of the US.
Cleveland Federal Reserve - Annual Report 2007
Policymakers could examine past crises to reveal deeper issues behind recent events, an essay that opens the latest issue of the Cleveland Fed's Annual Report suggests.
Fed's Pianalto defines inflation
Sandra Pianalto, the president of the Cleveland Federal Reserve, has clarified the difference between relative-price pressures and inflation.
Majority of US districts experienced slowdown
The latest edition of the Beige Book reveals two-thirds of regional Federal Reserves reported a softening in the pace of business activity in the first quarter.
Policy solutions to crime and joblessness compared
Need to lower unemployment and crime? Then, according to the Cleveland Federal Reserve, the best policy is to introduce wage subsidies.
Notes on surviving illiquidity
The Cleveland Federal Reserve Board has published a paper that examines crashes and recoveries in illiquid markets.
Shift to e-payments leads to Fed job cuts
The US Federal Reserve reductions in cheque processing is likely to result in more than 210 jobs being cut at the Minneapolis Fed, as consumers shift from paper checks to electronic payments.
Cleveland Fed's Pianalto on national currencies
In the speech 'The internationalization of national currencies' given on 27 March Sandra Pianalto of the Federal Reserve Bank of Cleveland said the United States benefits from the fact that a large share of world currency reserves is held in dollars.
Pianalto says FOMC eyeing inflation risks
The Federal Reserve is keeping an eye on inflation because of a risk that price growth will not moderate as much as it had expected, Cleveland Federal Reserve president Sandra Pianalto said on Tuesday 27 March.
Cleveland Fed's new Head of Banking Supervision
Stephen Jenkins has been appointed senior vice president responsible for the banking supervision function at the Federal Reserve Bank of Cleveland, effective 1 March 2007.
Cleveland Fed's Pianalto on economic conditions
In the speech 'National and regional economic conditions' given on 18 January Sandra Pianalto of the Federal Reserve Bank of Cleveland said financial markets seem confident that the Federal Reserve will bring inflation back down, but there is a risk…
Pianalto on monetary policy & the economic outlook
In the speech 'Monetary policy and the economic outlook' given on 6 November Sandra Pianalto of the Federal Reserve Bank of Cleveland warned that another hike in U.S. interest rates might be warranted if inflation failed to fall fast enough to satisfy…
Cleveland's Pianalto on the Federal Reserve System
In the speech 'An overview of the Federal Reserve System' given on 5 October Sandra Pianalto of the Federal Reserve Bank of Cleveland said the official data that are available are just not current enough for a forward-looking enterprise like monetary…
Fed's Pianalto says US can withstand housing slump
The U.S. economy will withstand the housing slump and grow at a ``moderate'' pace with slowing inflation, Cleveland Federal Reserve Bank president Sandra Pianalto said Monday 6 November.
Cleveland's Pianalto on inflation and expectations
In the speech 'Inflation, Inflation Expectations, and Monetary Policy' given on 8 September Sandra Pianalto of the Federal Reserve Bank of Cleveland said low and stable inflation expectations provided some comfort that a pause in August was not too risky…
Comment: Hawkish Fed
After a string of speeches by its senior staff this week, the Fed appears to be in an increasingly hawkish mood. The growing perception that that US interest rates will have to rise further could be bolstered by today's release of consumer price data for…
Pianalto on economic conditions & monetary policy
In the speech 'Economic conditions and monetary policy' given on 12 June Sandra Pianalto of the Federal Reserve Bank of Cleveland said recent news on US inflation has been troubling, but if the economy moderates as forecast, an interest rate at 5% is…
Fed's Pianalto says growth, stability go together
Cleveland Fed president Sandra Pianalto said Thursday 16 February that the Federal Reserve's twin objectives of price stability and growth go hand in hand.