Cleveland Fed news and trends

Cleveland Fed Names Goldman’s Beth Hammack as President
Personnel // May 30, 2024

A longtime Goldman Sachs executive is the Federal Reserve Bank of Cleveland’s new leader. Beth Hammack, co-head of global finance at Goldman, has been named the Cleveland Fed’s new president and CEO, the central bank announced Wednesday (May 29). In addition to leading the Cleveland...

New Study Suggests Online Lenders Target Vulnerable Consumers
Loans // November 13, 2017

The Federal Reserve Bank of Cleveland issued new research on the online lending market showing that borrowers end up in more debt than consumers who don’t utilize this method of borrowing. According to a news report in American Banker covering the study published last week,...

Quick Reads
Cleveland Fed: CEOs Expect Lower Inflation Over Next 12 Months

August 12, 2024
Business leaders in the United States are reportedly growing more optimistic about the likely trend of inflation. CEOs and other top executives said in July that they expect inflation to be 3.4% over the next 12 months, an expectation that is down from the 3.8% these leaders said in April that they anticipated, the Federal […]

Cleveland Fed Names Goldman’s Beth Hammack as President

May 30, 2024
A longtime Goldman Sachs executive is the Federal Reserve Bank of Cleveland’s new leader. Beth Hammack, co-head of global finance at Goldman, has been named the Cleveland Fed’s new president...

New Study Suggests Online Lenders Target Vulnerable Consumers

November 13, 2017
The Federal Reserve Bank of Cleveland issued new research on the online lending market showing that borrowers end up in more debt than consumers who don’t utilize this method of...