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Overview
The Federal Reserve Bank of Cleveland supports 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.
News
Are Young College Graduates Losing Their Edge in the Job Market?
Job-finding rates among recent college graduates have been declining, narrowing the unemployment gap between high school and college graduates.
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Yield Curve and Predicted GDP Growth
We use the yield curve to predict future GDP growth and recession probabilities. The spread between short- and long-term rates typically correlates with economic growth. Predications are calculated using a model developed by the Federal Reserve Bank of Cl
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Providing Labor Market Context for Debt-Related Driver's License Suspensions in Ohio
Most Ohio driver's license suspensions do not stem from bad driving; they result from drivers owing unpaid debts. We investigate whether debt-related suspensions have implications for Ohio's labor force.
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Interest Rate Risk at US Credit Unions
Rising interest rates have prompted concerns about losses on bank assets, especially following the failure of Silicon Valley Bank (SVB) in March 2023. In this working paper, we examine whether US credit unions could be subject to similar losses as banks a
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Report
Interest Rate Risk at US Credit Unions
Rising interest rates have prompted concerns about losses on bank assets, especially following the failure of Silicon Valley Bank (SVB) in March 2023. In this working paper, we examine whether US credit unions could be subject to similar losses as banks a
Read more
Report
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