The Federal Reserve Bank of Cleveland, part of the US central banking system, hosted a speech by President Hammack in Cleveland, Ohio on December 6, 2024. The event focused on economic conditions and monetary policy as viewed from the Fourth Federal Reserve District.

The Cleveland Fed is one of 12 regional Reserve Banks that, along with the Board of Governors in Washington DC, make up the Federal Reserve System. It plays a role in shaping national monetary policy, overseeing banking organizations, providing payment services to financial institutions and the US Treasury, and supporting Federal Reserve operations across the system.

Serving Ohio and parts of Pennsylvania, West Virginia, and Kentucky, the Cleveland Fed aims to enhance community well-being through research and educational activities. These efforts are designed to inform both local communities and broader national audiences about critical economic issues such as inflation and employment.

Doug Campbell can be contacted for further information at doug.campbell@clev.frb.org or by phone at 513.218.1892.