The Federal Reserve Bank of Cleveland and its Center for Inflation Research will be hosting a session titled “Challenges and Opportunities for Central Bank Communications” on Monday, May 13, 2024, from 4:30 to 5:30 pm EDT. The event will be held virtually.

In a statement, the organizers highlighted the importance of their work, stating, "We produce indicators and datasets to inform the public, policymakers, and researchers about economic conditions, including inflation, employment, and risks to the financial system." They emphasized that their research aims to benefit local communities within the Fourth Federal Reserve District, which includes parts of Ohio, Pennsylvania, West Virginia, and Kentucky.

The Federal Reserve Bank of Cleveland plays a crucial role in supervising financial institutions, supporting consumer financial security, and maintaining financial stability and payment systems for the US Treasury. They reiterated their commitment to serving the American people as part of the US central bank, stating, "We support the US economy and our region by studying economic conditions and issues that impact our communities, serving financial institutions, and providing economic education and resources for all."

Participants of the upcoming session can expect to delve into economic basics, inflation, and access educational resources and games. The event aims to address challenges and opportunities for central bank communications, catering to a wide audience including policymakers, researchers, and the general public.

The Cleveland Fed Conversations on Central Banking underscores the institution's dedication to fostering dialogue and understanding around crucial economic issues that impact communities nationwide.