News from January 2025

Cleveland Fed's Edward Knotek to present 2025 economic outlook

The Federal Reserve Bank of Cleveland is set to host an online webinar on January 16, 2025, focusing on the economic outlook for the year.

Fifth District economy shows modest growth amid challenges

The Federal Reserve has released its latest report on the Fifth District economy, indicating modest growth since the previous assessment.

Cleveland Fed report suggests potential rise in US productivity growth

The Federal Reserve Bank of Cleveland has released a report suggesting that US productivity may be on a higher growth trajectory than previously estimated.

Cleveland Fed reports mixed post-pandemic job recovery across its served metro areas

The Cleveland Federal Reserve Bank has released a report indicating that employment levels have returned to pre-pandemic figures in half of the metro areas it serves.

Cleveland Fed appoints Brian Richardson as new HR leader

The Federal Reserve Bank of Cleveland has appointed Brian Richardson as its new senior vice president and chief human resources officer, effective January 13, 2025.

Treasury report highlights U.S. economic recovery under Biden administration

The U.S. Department of the Treasury's Office of Economic Policy has released an analysis that underscores the significant recovery of the United States economy from the pandemic recession.

Financial regulators address impact of California wildfires on banks

On January 14, 2025, several financial regulatory agencies issued a statement addressing the impact of the California wildfires and straight-line winds on financial institutions.

Federal Reserve Bank announces new appointments to Los Angeles Branch Board

The Federal Reserve Bank of San Francisco has announced new appointments and a reappointment to its Los Angeles Branch Board of Directors, effective January 1, 2025.

Inflation outlook mixed as job turnover concerns ease: NY Fed survey

The Federal Reserve Bank of New York's Center for Microeconomic Data has published the December 2024 Survey of Consumer Expectations.

Philadelphia Fed announces board changes including new deputy chair

The Federal Reserve Bank of Philadelphia has announced the appointment of new members to its Board of Directors, along with a new deputy chair.

Federal Reserve Bank announces new leadership for Salt Lake City Branch

The Federal Reserve Bank of San Francisco has announced the latest appointments to its Salt Lake City Branch Board of Directors.

Richmond Fed announces director appointments for 2025

The Federal Reserve Bank of Richmond has announced new director appointments for 2025.

Federal Reserve announces new advisory council members for Twelfth District

The Federal Reserve Bank of San Francisco has announced the latest appointments to the Twelfth District's Community Depository Institutions Advisory Council (CDIAC), effective January 1, 2025.

Patricia White appointed to New York Fed Board as Class C director

The Federal Reserve Bank of New York has announced the appointment of Patricia White as a Class C director on its Board of Directors.

Federal Reserve Bank announces new Economic Advisory Council members

The Federal Reserve Bank of San Francisco has announced the addition of new members to its Economic Advisory Council (EAC), effective January 1, 2025.

Julie Cayse appointed regional director by National Credit Union Administration

The National Credit Union Administration (NCUA) has appointed Julie Cayse as the new regional director for the Western Region, effective January 12.

San Francisco Fed announces new Community Advisory Council members

The Federal Reserve Bank of San Francisco has announced new appointments to its Community Advisory Council (CAC), effective January 1, 2025.

San Francisco Fed announces new leadership for head office board

The Federal Reserve Bank of San Francisco has announced the latest appointments to its Head Office Board of Directors, effective from January 1, 2025.

New York Fed appoints Pat Wang as chair and Dr. Rajiv Shah as deputy chair

The Federal Reserve Bank of New York has announced new leadership designations within its Board of Directors.

Federal Reserve Bank announces Seattle Branch board appointments

The Federal Reserve Bank of San Francisco has announced changes to its Seattle Branch Board of Directors.