Federal Reserve Bank of Cleveland
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.
Pianalto on economic forecasts and monetary policy
In the speech 'Economic forecasts and monetary policy' given on 13 February Sandra Pianalto of the Federal Reserve Bank of Cleveland said recent economic reports offer hints that the US economy may have rebounded from the weakness seen in the last three…
Pianalto on childhood education & economic future
In the speech 'Early childhood education and our economic future' given on 10 January Sandra Pianalto of the Federal Reserve Bank of Cleveland said raising education standards will lift U.S. growth, employment and income and ease the fiscal burden of…
Fed's Pianalto: Economic conditions, mon. policy
In the speech 'Economic conditions and monetary policy' given on 19 October Sandra Pianalto of the Federal Reserve Bank of Cleveland said the Federal Reserve should keep raising interest rates, but how high will be determined by U.S. inflation and growth.
Cleveland Fed sued over racism claim
The Equal Employment Opportunity Commission has sued the Federal Reserve Bank of Cleveland, according to a report for the Akron Beacon Journal on the ohio.com website.
Cleveland's Pianalto on importance of innovation
In a speech on 'The importance of innovation to our regional economy' given on 13 July, Sandra Pianalto, President of the Federal Reserve Bank of Cleveland said America must learn to innovate better if it wants to secure its place in the global economy.
Cleveland's Pianalto: Our future in manufacturing
In the speech 'Our future in manufacturing' given on 16 June, Sandra Pianalto of the Federal Reserve Bank of Cleveland said the fundamentals of the US economy are strong and the expansion should continue.
Cleveland's Pianalto says hikes on way to neutral
Speaking on Thursday 21 April, Sandra Pianalto, President of the Cleveland Fed said the Federal Reserve will continue its measured pace of interest rate hikes to bring rates back to neutral and preserve price stability, its most important task.
Pianalto: Fed should extend inflation forecasts
The Federal Reserve would gain credibility by being more clear, and extending its inflation forecasting time horizon would help, the president of the Federal Reserve Bank of Cleveland said in a speech on Tuesday 19 April.
Cleveland Fed's Pianalto on central bank goals
In a speech on 'Central banks: Different paths, same goal' given on 21 February, Sandra Pianalto of the Federal Reserve Bank of Cleveland said US inflationary pressures remain muted despite a surge in January wholesale prices.
Report says China peg impact overstated
Research published by the Federal Reserve Bank of Cleveland on Thursday 24 February said that China's exchange rate peg to the dollar has had less of an impact on its trade surplus with the United States than many observers have assumed.
Fed's Pianalto relaxed on US inflation
Cleveland Federal Reserve President Sandra Pianalto said on Monday 21 February that US inflationary pressures remain muted despite a surge in January wholesale prices.
Cleveland's Pianalto says rates must rise further
Sandra Pianalto, the president of the Federal Reserve Bank of Cleveland said in a speech that the Federal Reserve must be "prudent" and continue to raise short-term interest rates until central bankers are more certain that monetary policy is no longer…
Cleveland Fed says US trade gap may hit growth
The massive trade deficit in the United States will eventually be reversed and implies a weaker dollar and higher interest rates, a Cleveland Fed report said, warning this could quell growth unless US exports grow.
Pianalto: Fed will monitor oil, act appropriately
The US Federal Reserve will take the steps needed to prevent a spike in energy prices from becoming entrenched in inflation, Cleveland Fed president Sandra Pianalto said on Wednesday 17 November.
Cleveland's Pianalto: an economic perspective
In a speech on 'A National Economic Perspective' given on 10 September, Sandra Pianalto of the Federal Reserve Bank of Cleveland said US interest rates should rise to avoid future price pressures, but conceded that inflation did not pose a major threat…