Federal Reserve Bank of Cleveland

The Federal Reserve Bank of Cleveland is one of the 12 regional banks in the Federal Reserve System, which serves as the central bank of the United States. Located in Cleveland, Ohio, it plays a vital role in implementing monetary policy, supervising banks, and providing financial services. The Cleveland Fed focuses on economic research, helping to inform decisions on interest rates and inflation. It also works to promote financial stability and supports community development initiatives, aiming to foster a healthy economy in its region and contribute to the national economy overall.