2023 | Year in Review

It’s clear that inflation grabbed our collective attention in 2023—and so did a few other things. 

5

Inflation indicators we produce and distribute; meet the newest one, SoFIE, a measure of CEOs’ inflation expectations

4

Phases of monetary policy since the Fed began raising interest rates in 2022 to tame inflation, as outlined by Cleveland Fed President Loretta J. Mester

3

New multimedia infographics to shed more light on inflation, from our Center for Inflation Research 

560+

Attendees of Policy Summit: Communities Thriving in a Changing Economy—watch the presentations online

365/24/7

Availability of FedNow^® Service, the Fed’s new instant payment service infrastructure that launched in July

18

Weeks covered by the (free!) financial literacy curriculum guide for HS teachers: a semester’s worth of classroom resources designed to meet the state of Ohio’s graduation requirements

100

Years the Cleveland Fed building has stood in downtown Cleveland

60

Age by which US households’ average wealth levels peak

$800+

Amount of monthly public assistance benefits one mom would lose because of a small raise at work