Fahe CEO Jim King Joins the Cleveland Fed Community Advisory Council
Fahe CEO Jim King Joins the Cleveland Fed Community Advisory Council
February 5, 2024
“The Federal Reserve is a thought leader regarding how to make capital work on behalf of communities,” said Fahe CEO Jim King. “I am honored to join the Community Advisory Council at the Cleveland Fed. I am committed to addressing income inequality in Appalachia and working with the Cleveland Fed opens a new and different set of relationships for us.”
In January, The Federal Reserve Bank of Cleveland announced 31 new members to its advisory councils. Jim King was named as a new community leader joining the Community Advisory Council. The Community Advisory Council consists of experts and leaders who focus on economic development work.
Lisa Barrow, vice president of the Banks’s regional analysis group, said in a press release announcing the new members: “Our advisory council members perform valuable public service. Their timely insights on business activity, the labor market, and financial conditions in communities across the region put us in better position to evaluate where the economy is heading. We are grateful for their willingness to support the Fed’s efforts in pursuit of maximum employment and price stability.”
The Cleveland Fed is part of the Federal Reserve, the central bank of the United States. With offices in Cleveland, Cincinnati, and Pittsburgh, the Cleveland Fed serves an area that comprises Ohio, western Pennsylvania, eastern Kentucky, and the northern panhandle of West Virginia. The goal of the Cleveland Fed is to strengthen the economic performance of the nation and the region it serves.