We are here today and tomorrow to examine concentrated poverty - that is, poverty that affects more than 40 percent of people living in a particular region or city - through the lens of community development. I think we can all agree that community reinvestment initiatives have done a great deal...

In remarks at an Ohio Housing Conference, Federal Reserve Bank of Cleveland President Sandra Pianalto discussed the actions taken by the Federal Reserve to put the economy on the road to recovery, ensure the safety of the financial sector, and to protect consumers and borrowers.

We are here today and tomorrow to examine concentrated poverty - that is, poverty that affects more than 40 percent of people living in a particular region or city - through the lens of community development. I think we can all agree that community reinvestment initiatives have done a great deal...

In remarks at an Ohio Housing Conference, Federal Reserve Bank of Cleveland President Sandra Pianalto discussed the actions taken by the Federal Reserve to put the economy on the road to recovery, ensure the safety of the financial sector, and to protect consumers and borrowers.