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DTSTART;TZID=America/New_York:20250922T120000
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DTSTAMP:20260504T062208
CREATED:20250828T225807Z
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UID:10000674-1758542400-1758545100@fedcommunities.org
SUMMARY:Fed Talk: A Conversation with Federal Reserve Bank of Cleveland President Beth Hammack
DESCRIPTION:Join us for a conversation with Beth Hammack\, president and CEO of the Federal Reserve Bank of Cleveland\, to discuss the critical functions of Reserve Banks\, the state of the economy\, and ways Reserve Banks engage with the public. \n\n\n\nThis program offers a deeper understanding of the Federal Reserve’s role in the economy and the Fed’s impact on everyday life. \n\n\n\nThe event will be offered both virtually and in person at the Bank’s location in downtown Cleveland. Following the session\, in-person attendees may tour the Bank’s main building\, constructed in 1923. \n\n\n\nReserve Banks play a pivotal role in the US financial system. The Cleveland Fed touches everyone in the Fourth District by \n\n\n\n\n\nWorking with community and business partners to understand the economic landscape\n\n\n\nSupervising financial institutions\n\n\n\nPlaying a vital role in the nation’s payments system\n\n\n\n\n\n\n\n\n\n\n\nIn her first year\, President Hammack has engaged with local community and business leaders in the Bank’s Fourth Federal Reserve District\, comprising Ohio and parts of Kentucky\, Pennsylvania\, and West Virginia. She then brings their insights into how the economy is working for their communities to the Federal Reserve’s policy-setting meeting in Washington DC. \n\n\n\nThere are 12 Reserve Banks across the country. Each serves a specific region\, and all Reserve Banks operate under the umbrella of the Federal Reserve System. \n\n\n\nThe primary functions of the Federal Reserve concern \n\n\n\n\n\nMonetary policy: Setting US monetary policy to promote maximum employment and stable prices in the US economy. The aim is to protect your standard of living.\n\n\n\nSupervision and regulation: Promoting the safety and soundness of individual financial institutions and monitoring their impact on the financial system. As a result\, you can be confident the bank you choose is operating in a safe and sound manner.\n\n\n\nPayments systems: Promoting a safe\, efficient\, and accessible system for US dollar transactions. This includes circulation of paper currency and coin. It also ensures the safe transport of transferred money and electronic bill payments from point A to point B.\n\n\n\nFinancial stability: Monitoring financial system risks. This helps ensure a strong economy for US households\, communities\, and businesses\, even in uncertain times.\n\n\n\nConsumers and communities: Advancing supervision and economic research. This improves understanding of the impacts of financial services policies on consumers and communities and helps facilitate access to economic opportunity for all.\n\n\n\n\n\n\n\n\n\n\n\nThis session will enhance your understanding of the Federal Reserve and its impact on the economy and our communities. Join us for an engaging and informative discussion. \n\n\n\nPresident Hammack will answer questions during the question-and-answer portion of the event. Attendees can also submit questions in advance through the registration form. \n\n\n\n\n\n\n\n\nRegister\n\n\n\n\n\n\n\n\nSpeaker\n\n\n\n\n\nBeth Hammack\, President and Chief Executive Officer\, Federal Reserve Bank of Cleveland \n\n\n\n\n\nModerator\n\n\n\n\n\nLila Mills\, Editor-in-Chief\, Signal Cleveland\n\n\n\n\n\n\n\nPresented by\n\n\n\n\n\nLocation\n\n\n\nThis is a hybrid event. 
URL:https://fedcommunities.org/event/fed-talk-conversation-federal-reserve-bank-cleveland-president-beth-hammack/
LOCATION:Federal Reserve Bank of Cleveland\, 1455 E 6th Street\, Cleveland\, OH\, 44114\, United States
CATEGORIES:Fed Talk
ATTACH;FMTTYPE=image/jpeg:https://fedcommunities.org/wp-content/uploads/2025/08/cleveland-fed-fed-talk-conversation-cleveland-fed-president-beth-hammack.jpg
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