Federal Reserve Bank of Cleveland
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…
Cleveland Fed's Pianalto on monetary policy II
In a speech on 'A perspective on monetary policy II' given on 11 June, Sandra Pianalto of the Federal Reserve Bank of Cleveland said the central bank's target rate of 1 percent "is too low to be sustainable."
Cleveland Fed's Pianalto on monetary policy
In a speech on 'A perspective on monetary policy' given on 22 April, Sandra Pianalto of the Federal Reserve Bank of Cleveland said central banks can be more effective when they act as systematically and transparently as they can. Systematic and…
Cleveland Fed's Pianalto on interest rates
In a speech on 'A National Voice, A Regional View' given on 5 March, Sandra Pianalto of the Federal Reserve Bank of Cleveland said she can't say when interest rates are going to rise but added, "I know that this is a difficult time we are facing," and…
Cleveland's Pianalto - US job growth on the up
Federal Reserve Bank of Cleveland President Sandra Pianalto said on Wednesday 25 February that strong US productivity and job outsourcing has helped explain weak US employment creation, but that conditions were on the mend.
Cleveland Fed's Pianalto reveals basketball link
Visiting a school recently, Cleveland Fed President Sandra Pianalto was mobbed for autographs by the schoolchildren who crowded round her.
Cleveland's Pianalto on the process of policy
In a speech on 'The Process of Policy' given on 13 January, Sandra Pianalto of the Federal Reserve Bank of Cleveland said provided a snap shot of a typical FOMC meeting, from the "go-round" when Committee members give their views on the economic outlook…
Pianalto on the nature of economic change
In the speech 'The Nature of Economic Change' given on 20 November Sandra Pianalto of the Federal Reserve Bank of Cleveland said think of the steady, upward march of the US economic prosperity as climbing a ladder, where each rung is a different stage of…
Fed's Pianalto says US jobs lag unusual
Speaking Wednesday 5 November Federal Reserve Bank of Cleveland president Sandra Pianalto said normally it would be expected to take only around two years for the US to recover the number of jobs lost in recession, Reuters reported.
Cleveland's Low-Inflation Economies Conference
The Federal Reserve Bank of Cleveland's Central Bank Institute is holding a conference and workshop titled "Low-Inflation Economies" from 19-21 November. The agenda includes papers titled "The Efficiency of Inflation Targeting" and "Monetary Policy…
Cleveland Fed's Monetary Theory Workshop
Details of the Federal Reserve Bank of Cleveland, Central Bank Institute's Monetary Theory Workshop 14-18 July. Discussions include "The Friedman Rule and the Nature of Monetary Transactions in Alternative Models" and "Mechanism Design and the Role of…
Fed Reserve Bank of Cleveland - Annual Report 2002
The Federal Reserve Bank of Cleveland has published its Annual Report for the year ended 2002.
Cleveland Fed Banking and Payments Workshop
The Federal Reserve Bank of Cleveland's Central Bank Institute is holding a Banking and Payments Workshop from 19-21 May. Contributors are a mix of academics and central bankers with discussions including 'The ABCs of Money and Banking', 'Money in a…
St Louis Fed Central Banker, Spring 2003
The Spring 2003 edition of the St. Louis Fed's Central Banker magazine has been published. The issue carries a report on the regional partnership being set up by the Cleveland and St.Louis Fed banks. There is also a feature on the condition of the…
The Art of Targeting Inflation
RESEARCH - The Federal Reserve Bank of Cleveland's Central Bank Institute has published the paper "The Art of Inflation Targeting" by Lars Heikensten and Anders Vredin. The paper describes the Riksbank's transition to inflation targeting and explains how…
Pianalto to sit in for Jordan at January FOMC
Sandra Pianalto, who assumes the presidency at the Cleveland Federal Reserve Bank on 1 February, will sit in for departing President Jerry Jordan at the Fed's 28-29 January policy meeting, a spokeswoman at the bank said.
Gramlich on smart growth, at the Cleveland Fed
SPEECH - In a speech to the Cleveland Fed Conference made on 7 November, Edward Gramlich of the Federal Reserve said the fundamental principle of smart growth is that development should be of a holistic nature. That is, rather than just paying attention…
Fed Reserve Bank of Cleveland - Annual Report 2001
ANNUAL REPORT - The Federal Reserve Bank of Cleveland has published its Annual Report for the year ended 2001.
Cleveland Fed President Jordan to retire
US - Jerry L. Jordan announced on Tuesday that he plans to retire as president of the Federal Reserve Bank of Cleveland effective 31 January, 2003.