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A stable childcare workforce is a key support for working parents

Learn how the level of turnover among childcare workers compares with that of other occupations.

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Latest Inflation Numbers

View all indicators and data

Median CPI

Change in median CPI:
+0.5% in January 2024

Change in 16% trimmed-mean CPI:
+0.5% in January 2024

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Inflation Expectations

10-year expected inflation: 2.14%

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For Many Who Want to Own a Home, It’s Tough—Even in Affordable Places Like Ohio

Homebuyers, housing experts, and Cleveland Fed researchers discuss the state of affordable homeownership and why it matters.

President’s Speech: Views on the Economy and Monetary Policy: In a Good Place and Ensuring We Reach an Even Better One

President Mester addressed the Ohio Bankers League in Columbus, Ohio, on February 6, 2024.

Infographic on Inflation
Why is what people expect inflation to do so important?

Read our newest multimedia infographic, which explains that if people act on their beliefs about where inflation is going, they tend to generate outcomes matching those beliefs.

Economic Commentary
Comparing Two House-Price Booms
We compare the current US house-price boom to the 2000–2006 house-price boom, highlighting important similarities and differences in housing and mortgage market conditions.
Economic Commentary
Financial Markets’ Perceptions of the FOMC’s Data-Dependent Monetary Policy
We study the effects of surprises in inflation and labor market conditions on the markets’ expected FFR path to gain insights into the FOMC’s data-dependent approach.
Economic Commentary
Do Higher Markups Lower Labor’s Share of Income?
Using a model of production with diverse technologies, we challenge the view that higher price markups reduce labor's share of income.
Community Development Reports
Using Worker Flows to Assess the Stability of the Early Childcare and Education Workforce, 2010-2022
Turnover in childcare work was about 65 percent higher in 2022 than in a typical job, while attrition among preschool and kindergarten teachers was on par with a typical job.
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Program on Economic Inclusion

A stable economy for all

That’s our goal at the Cleveland Fed. Serving the Fourth Federal Reserve District, we strive to ensure the health of our monetary system through our role in regulating financial institutions, and we promote education and community development through research and programming.

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Looking for your next opportunity? We’re proud to be ranked a top place to work in Northeast Ohio, offering the benefits you need and the work-life balance you want in addition to promoting an inclusive culture of diversity and acceptance. Join us in our mission to strengthen the economic performance of the nation and our region and make a positive impact on the communities we serve.

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Engaging and rewarding

Working as a software developer for the bank in Information Technology is engaging and rewarding. I get to build valuable solutions for customers while working with a team who foster creativity, innovation, and learning. There is never a dull moment in IT.

— Frank Cerny, Software Developer II