Federal Reserve Bank of Cleveland highlights its role in community development

Saturday, October 25, 2025
Beth M. Hammack President and Chief Executive Officer at Federal Reserve Bank of Cleveland | Federal Reserve Bank of Cleveland
Federal Reserve Bank of Cleveland highlights its role in community development

We produce indicators and datasets to inform the public, policymakers, and researchers about economic conditions, including inflation, employment, and risks to the financial system.

Our research informs the public and policymakers by examining economic issues of importance to those in our local communities, across the nation, and around the world.

We represent and gather information from the Fourth Federal Reserve District, spanning Ohio and parts of Pennsylvania, West Virginia, and Kentucky. These resources are useful for our region, the communities we serve, and communities across the United States.

Learn economic basics, dive into inflation, and get educational resources and games for yourself or to share with others.

We supervise financial institutions, support American consumers’ financial security, and maintain the financial stability and payment systems for the US Treasury.

We serve the American people as part of the US central bank. 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.

President Hammack gave keynote remarks at the Cuyahoga County Community College’s Corporate College 20-Year Anniversary Celebration on July 16, 2025.

The Federal Reserve Bank of Cleveland is one of 12 regional Reserve Banks that along with the Board of Governors in Washington DC comprise the Federal Reserve System. Part of the US central bank, the Cleveland Fed participates in the formulation of our nation’s monetary policy, supervises banking organizations, provides payment and other services to financial institutions and to the US Treasury, and performs many activities that support Federal Reserve operations System-wide. In addition, the Bank supports the well-being of communities across the Fourth Federal Reserve District through a wide array of research, outreach, and educational activities.

The Cleveland Fed, with branches in Cincinnati and Pittsburgh serves an area that comprises Ohio western Pennsylvania eastern Kentucky northern panhandle West Virginia

Dani Carlson Dani.Carlson@clev.frb.org 216.672.1264

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