Sign in

Cleveland Fed

@clevelandfed.bsky.social
372 followers 10 following 400 posts

Official account of the Federal Reserve Bank of Cleveland, serving the Fourth District since 1913.

PostsRepliesMedia
Cleveland Fed @clevelandfed.bsky.social · 01/10/2026
Why are there 12 regional Reserve Banks, and why is Cleveland one of them? Our upcoming Fed Talk event will dive into the story behind the Fed’s regional structure. Join us on Nov. 2 at 1 pm ET, in-person or online: clefed.org/4hwbPLj
"Why Cleveland? The Story Behind the Fed’s Regional Structure—and Why It Matters Today. Monday, November 2, 2026. 1-2 pm ET.”
000
Cleveland Fed @clevelandfed.bsky.social · 30/09/2026
The Survey of Regional Conditions and Expectations (SORCE) total business conditions diffusion index increased by 3 points to 30, while the total expected conditions diffusion index decreased by 18 points to 14. These results were calculated from the 9.17–9.24 survey. clefed.org/sorce
clefed.org
Survey of Regional Conditions and Expectations (SORCE)
SORCE indexes are based on our survey of business and community leaders and provide a timely summary of economic activity in our region, which includes all of Ohio and parts of Pennsylvania, Kentucky,...
000
Cleveland Fed @clevelandfed.bsky.social · 30/09/2026
The Cleveland Fed’s median PCE #inflation rate was 0.2% in August and 2.6% on a year-over-year basis. Latest update: clefed.org/PCE
020
Cleveland Fed @clevelandfed.bsky.social · 30/09/2026
Our Education and Learning Center is temporarily closed. We will reopen on Monday, October 19, during our normal hours 9 am–2 pm. Plan your visit: clefed.org/3T9CDJ0
“Our Education and Learning Center is closed. We will reopen during our normal hours on October 19, 9 am-2 pm”
000
Cleveland Fed @clevelandfed.bsky.social · 29/09/2026
Monthly #PCE inflation data will be released tomorrow. Our #inflation nowcasting model (updated daily!) predicts year-over-year PCE #inflation of 3.78% for August. Check it out: clefed.org/3yCkTHV
021
Cleveland Fed @clevelandfed.bsky.social · 28/09/2026
Cleveland Fed researchers recently surveyed businesses on planned usage of stablecoins, following Congressional action on the topic. Responses were overwhelmingly negative, with only eight of 148 contacts expressing plans to use stablecoins. See the data: clefed.org/4jm9UeE
"Figure 2: Firms' Use of Stablecoins (Question 1)"
031
Cleveland Fed @clevelandfed.bsky.social · 25/09/2026
Beth Hammack, our president and CEO, will participate in a policy panel discussion at the 2026 Inflation: Drivers and Dynamics Conference at 2 pm ET. Watch the livestream: www.youtube.com/@ClevelandFed
youtube.com
ClevelandFed
The Federal Reserve Bank of Cleveland was established in 1914 as a part of the Federal Reserve System, the central bank of the United States. The Bank's main office took up residence in its current ho...
000
Cleveland Fed @clevelandfed.bsky.social · 24/09/2026
Beth Hammack, our president and CEO, will deliver opening remarks at the 2026 Inflation: Drivers and Dynamics Conference at 8:50 am ET. Watch the livestream: www.youtube.com/@ClevelandFed
youtube.com
ClevelandFed
The Federal Reserve Bank of Cleveland was established in 1914 as a part of the Federal Reserve System, the central bank of the United States. The Bank's main office took up residence in its current ho...
000
Cleveland Fed @clevelandfed.bsky.social · 22/09/2026
Unexpected negative shocks like natural disasters can strain small businesses. The 2024 #SmallBiz Credit Survey showed that 84% of disaster-affected firms suffered business interruptions/lost sales. Yet fewer than 1/3 had insurance covering these losses. clefed.org/47ieJhH
“Small Business Insurance Gaps: How Firms Recover After Disasters”
000
Cleveland Fed @clevelandfed.bsky.social · 22/09/2026
TODAY at 2 pm ET: a Fed Talk discussion on how Community Development Financial Institutions support lower-income areas through investment and technical assistance. Join us: clefed.org/4xC6Lvw
“The Role of CDFIs in Lower-Income Communities. Tuesday, September 22, 2-3 pm ET.”
000
Cleveland Fed @clevelandfed.bsky.social · 21/09/2026
“Workforce, workforce, workforce,” that’s the message our president and CEO, Beth Hammack, heard from Dayton business leaders. From healthcare to banking, the need for qualified professionals is shaping their economic landscape. Learn more about her visit: clefed.org/4AmD17H
“Around the District with President Hammack” images from Southwest Ohio tour
000
Cleveland Fed @clevelandfed.bsky.social · 21/09/2026
New research tracks how manufacturing’s role in the US economy has changed. In recent decades, manufacturing lost its central position, as its employment share declined and wage premium eroded. See the findings: clefed.org/3VGHXEp
“Economic Commentary—Trends in the Manufacturing in the United States”
000
Cleveland Fed @clevelandfed.bsky.social · 21/09/2026
Our Education and Learning Center is temporarily closed. We will reopen on September 28 during our normal hours, 9 AM–2 PM. Plan your visit: clefed.org/3T9CDJ0
000
Cleveland Fed @clevelandfed.bsky.social · 16/09/2026
#SmallBiz owners, we want your feedback! The Small Business Credit Survey is now open for you to share your successes, challenges, & outlook for the future. Your voice matters.: bit.ly/3SVMh1B
“Respond now! Small Business Credit Survey”
000
Cleveland Fed @clevelandfed.bsky.social · 16/09/2026
Our Education and Learning Center is temporarily closed. We will reopen on September 28 during our normal hours, 9 AM–2 PM. Plan your visit: clefed.org/3T9CDJ0
000
Cleveland Fed @clevelandfed.bsky.social · 15/09/2026
#SmallBiz owners, we want your feedback! The Small Business Credit Survey is now open for you to share your successes, challenges, & outlook for the future. Your voice matters. bit.ly/3SVMh1B
“Respond now! Small Business Credit Survey”
000
Cleveland Fed @clevelandfed.bsky.social · 14/09/2026
Community Development Financial Institutions, or CDFIs, are lenders with a mission to provide financing and support to help strengthen lower-income communities. Join us on 9/22 at 2 pm ET for a robust, expert discussion on CDFIs and their impact: clefed.org/4xC6Lvw
“The Role of CDFIs in Lower-Income Communities. Tuesday, September 22, 2-3 pm ET.”
000
Cleveland Fed @clevelandfed.bsky.social · 11/09/2026
The Cleveland Fed's latest estimate of 10-year expected #inflation is 2.57%. clefed.org/IE
000
Cleveland Fed @clevelandfed.bsky.social · 11/09/2026
16% trimmed-mean CPI rose 0.2% in August and 2.6% on a year-over-year basis. See our latest median #CPI and trimmed mean #CPI updates: clefed.org/CPI
010
Cleveland Fed @clevelandfed.bsky.social · 11/09/2026
Median #CPI rose 0.2% in August and 2.6% on a year-over-year basis. See our latest median #CPI and trimmed mean #CPI updates: clefed.org/CPI
012
Cleveland Fed @clevelandfed.bsky.social · 10/09/2026
Our #CPI indicator updates tomorrow. The Cleveland Fed’s #inflation nowcasting model (updated daily!) predicts year-over-year CPI #inflation of 3.38% in August. Check it out: clefed.org/3yCkTHV
021
Cleveland Fed @clevelandfed.bsky.social · 09/09/2026
#SmallBiz owners, we want your feedback! The Small Business Credit Survey is now open for you to share your successes, challenges, & outlook for the future. Your voice matters.: bit.ly/3SVMh1B
021
Cleveland Fed @clevelandfed.bsky.social · 09/09/2026
Planning your career path? The Occupational Mobility Explorer and employment projections can help you figure out which jobs will see the most growth. Our report looks at which types of employment projections are the best predictors of job growth: clefed.org/4qL0z1y
000
Cleveland Fed @clevelandfed.bsky.social · 08/09/2026
How do Community Development Financial Institutions (CDFIs) impact local economies? Our next Fed Talk features CDFI-industry experts discussing this question and more. Join us on 9/22: clefed.org/4xC6Lvw
“The Role of CDFIs in Lower-Income Communities. Tuesday, September 22, 2-3 pm ET.”
000
Cleveland Fed @clevelandfed.bsky.social · 07/09/2026
Our Education and Learning Center is closed today. We will reopen tomorrow during our normal hours, 9 AM-2 PM. Plan your visit: clefed.org/visit
“Our Education and Learning Center is closed until September 8.”
000
Cleveland Fed @clevelandfed.bsky.social · 04/09/2026
The median federal funds rate coming from 7 simple #monetarypolicy rules and 3 #economic forecasts falls from 4.26 percent in 2026:Q3 to 4.24 percent in 2028:Q3 according to our latest update. clefed.org/SMPR
clefed.org
Simple Monetary Policy Rules
We present federal funds rates coming from a range of simple monetary policy rules based on multiple economic forecasts. Use our tool to create your own rule. Released quarterly.
031
Cleveland Fed @clevelandfed.bsky.social · 04/09/2026
Consumer spending in the Fourth District declined modestly for the fourth consecutive period as higher fuel and food prices strained household budgets. See more on consumer spending: clefed.org/46BQhHN
000
Cleveland Fed @clevelandfed.bsky.social · 03/09/2026
Workforce development boards in the Fourth District reported rising demand for labor, especially in the skilled trades, linked to general construction projects. Some contacts cited access to transportation & childcare as barriers to employment & training: clefed.org/46BQhHN
010
Cleveland Fed @clevelandfed.bsky.social · 03/09/2026
4th District contacts reported moderate increases in prices recently, driven by rising input costs. Manufacturers continued to raise prices to cover higher energy, raw materials, and tariff-related costs, while retailers raised prices to offset higher goods costs. clefed.org/46BQhHN
000
Cleveland Fed @clevelandfed.bsky.social · 02/09/2026
Overall, contacts reported that business activity in the Fourth District increased modestly in recent weeks, with moderate growth expected in the months ahead. #BeigeBook clefed.org/46BQhHN
010
Cleveland Fed @clevelandfed.bsky.social · 02/09/2026
September is #WorkforceDevelopment Month! Our new report compares national, state-produced, and trend-based employment projections to see which of these best estimates actual job growth: clefed.org/4qL0z1y
000
Cleveland Fed @clevelandfed.bsky.social · 01/09/2026
Businesses reported that their costs and prices both rose by an average of 5% over the last year, according to our August 2026 Survey of Regional Conditions and Expectations (SORCE). See the full report: clefed.org/4ciBtRY
010
Cleveland Fed @clevelandfed.bsky.social · 31/08/2026
Our president and CEO, Beth Hammack, will deliver opening remarks at an upcoming @fedcommunities webinar on September 3 at 3 pm ET. Register to attend: bit.ly/4xirDrB
011
Cleveland Fed @clevelandfed.bsky.social · 31/08/2026
Our Education and Learning Center is closed. We will reopen on September 8 during our normal hours, 9 AM-2 PM. Plan your visit: clefed.org/visit
“Our Education and Learning Center is closed until September 8.”
000
Cleveland Fed @clevelandfed.bsky.social · 28/08/2026
Beth Hammack, our president and CEO, spoke live with @mckonomy on @BloombergTV at 9 am ET from the sidelines of the 2026 Economic Policy Symposium in Jackson Hole, WY. Watch the discussion: bit.ly/3SheZtP
011
Cleveland Fed @clevelandfed.bsky.social · 27/08/2026
Beth Hammack, our president and CEO, talked with @CNBC’s @steveliesman live from the 2026 Economic Policy Symposium in Jackson Hole, WY at 12 pm ET. See the full interview: bit.ly/4chpDYe
bit.ly
Fed's Hammack says 'now is the time to act' on raising interest rates
021
Cleveland Fed @clevelandfed.bsky.social · 27/08/2026
PSA: Our community development newsletter is back! 🏠 Subscribe to receive future issues full of the latest CD research, resources, and events: bit.ly/4zE4lhl
"community development newsletter"
000
Cleveland Fed @clevelandfed.bsky.social · 26/08/2026
Our president and CEO, Beth Hammack, will be delivering opening remarks at @fedcommunities upcoming webinar on September 3 at 3 pm ET. Register to attend: bit.ly/4xirDrB
000
Cleveland Fed @clevelandfed.bsky.social · 26/08/2026
The Cleveland Fed’s median PCE #inflation rate was 0.2% in July and 2.7% on a year-over-year basis. Latest update: clefed.org/PCE
010
Cleveland Fed @clevelandfed.bsky.social · 25/08/2026
Monthly #PCE inflation data will be released tomorrow. Our #inflation nowcasting model (updated daily!) predicts year-over-year PCE #inflation of 3.65% for July. Check it out: clefed.org/3yCkTHV
010
Cleveland Fed @clevelandfed.bsky.social · 24/08/2026
A growing share of US workers are being paid less than minimum wage laws require. Yet, research finds minimum wage violations in the Fourth Federal Reserve District have declined since 2007, unlike the national trend. See the paper: clefed.org/4wIo5O0
“Figure 2: Minimum Wage-Violation Incidence and Underpayment in the 10 Most Populous States”
010
Cleveland Fed @clevelandfed.bsky.social · 24/08/2026
Our Education and Learning Center is closed today. We will reopen on September 8 during our normal hours, 9 AM-2 PM. Plan your visit: clefed.org/visit
“Our Education and Learning Center is closed until September 8.”
000
Cleveland Fed @clevelandfed.bsky.social · 19/08/2026
The Survey of Regional Conditions and Expectations (SORCE) total business conditions diffusion index increased by 4 points to 27, while the total expected conditions diffusion index decreased by 5 points to 32. Results calculated from the 8.6–8.13 survey. clefed.org/sorce
clefed.org
Survey of Regional Conditions and Expectations (SORCE)
SORCE indexes are based on our survey of business and community leaders and provide a timely summary of economic activity in our region, which includes all of Ohio and parts of Pennsylvania, Kentucky,...
000
Cleveland Fed @clevelandfed.bsky.social · 18/08/2026
Did you know your home appliances might have been made in the Fourth District? Beth Hammack, our president and CEO, recently toured the world’s largest washing machine plant and it’s right in Northwest Ohio. See what she learned: clefed.org/3TBpdp3
“Around the District with President Hammack” collage of photos from the Whirlpool plant tour
010
Cleveland Fed @clevelandfed.bsky.social · 17/08/2026
Businesses shared with @ClevelandFed and @RichmondFed researchers that their primary motivation is helping the Fed, but the reasons why they participate in business insight surveys vary. That’s according to a new report; see the data: clefed.org/4y6nN51
001
Cleveland Fed @clevelandfed.bsky.social · 14/08/2026
What is #disinflation? This stop-motion video from our Center for Inflation Research breaks it down and explains how #disinflation and #deflation are different. Learn more: clefed.org/4roWRdg
110
Cleveland Fed @clevelandfed.bsky.social · 12/08/2026
16% trimmed-mean CPI rose 0.2% in July and 2.6% on a year-over-year basis. See our latest median #CPI and trimmed mean #CPI updates: clefed.org/CPI
021
Cleveland Fed @clevelandfed.bsky.social · 12/08/2026
Beth Hammack, our president and CEO, will be speaking tomorrow at a @DaytonChamber event in Kettering, OH. You can watch her moderated Q&A live at 8:15 am: www.youtube.com/@ClevelandFed
youtube.com
ClevelandFed
The Federal Reserve Bank of Cleveland was established in 1914 as a part of the Federal Reserve System, the central bank of the United States. The Bank's main office took up residence in its current ho...
132
Cleveland Fed @clevelandfed.bsky.social · 12/08/2026
Median #CPI rose 0.3% in July and 2.7% on a year-over-year basis. See our latest median #CPI and trimmed mean #CPI updates: clefed.org/CPI
011
Cleveland Fed @clevelandfed.bsky.social · 12/08/2026
The Cleveland Fed's latest estimate of 10-year expected #inflation is 2.49%. clefed.org/IE
000