The Federal Reserve Bank of Cleveland, in conjunction with its Center for Inflation Research, is hosting a virtual session titled "The Fed's Dual Mandate: Recent Progress and Challenges." This event is scheduled for Thursday, November 14, 2024, from 1:00 to 1:45 PM EST.
The Cleveland Fed plays a critical role in producing indicators and datasets that inform the public, policymakers, and researchers about various economic conditions. These include inflation rates, employment figures, and risks to the financial system. The research conducted by the institution aims to shed light on significant economic issues affecting local communities as well as national and global contexts.
Representing the Fourth Federal Reserve District—which includes Ohio and parts of Pennsylvania, West Virginia, and Kentucky—the Cleveland Fed gathers information useful not only for its region but also for communities across the United States. Its efforts extend to providing educational resources on economic basics and inflation while offering tools such as games for broader engagement.
In addition to supervising financial institutions and supporting American consumers' financial security, the Cleveland Fed maintains financial stability and payment systems crucial for the US Treasury. As part of the US central bank system, it supports both regional economies and the broader US economy through comprehensive studies of economic conditions impacting various communities.
