Research Intern Summer 2026

Company

To be considered for this role candidates must be a U.S. citizen permanent resident or green card holder.

This position requires access to confidential supervisory information and/or FOMC information which is limited to Protected Individuals as defined in the U.S. federal immigration law. Protected Individuals include but are not limited to U.S. citizens U.S. nationals and U.S. permanent residents who either are not yet eligible to apply for naturalization or who have applied for naturalization within the requisite timeframe.

In addition all candidates must undergo an enhanced background check and comply with all applicable information handling rules and all non-U.S. citizens must sign a declaration of intent to become a U.S. citizen and pursue a path to citizenship.

Our interns will work onsite at our Cleveland Ohio location. Were looking for collaborative and innovative full-time students entering their sophomore year or beyond. Our student interns work 40 hours per week for the duration of a 10- to 12-week internship that starts as early as June and ends as late as September depending on student schedules and business needs. The expected starting salary range for this position is between $20 and $23 hourly. Final salary and offer will be determined by the applicants background experience skills internal equity and market data

Take your skills to the next level and gain valuable experience contributing to work within Research.

Intern Duties:

The Research department produces academically respected economic research monitors and reports on regional and national economic trends and helps to craft public communications on economic issues. The department also models complex economic systems analyzes data and evaluates economic information to support the Federal Reserve Bank of Clevelands monetary policy responsibilities.

During their time at the Bank research interns will develop their data analysis and programming skills and work with the Banks Economists and Research Analysts to conduct research in various areas of economics.

Requirements for Research Internship:

• Currently pursuing a Bachelors degree with emphasis in economics or a closely related field such as finance statistics mathematics or computer science.

• Should have at least one semester left to complete in school.

• Working knowledge of econometrics and/or statistics packages such as Stata MATLAB R or Python.

• Prior research experience in economics strongly preferred.

• Minimum GPA of 3.0.

• Excellent oral and written communication skills.

Application Requirements:

• Resume

• Transcript

• Cover Letter

What We Offer:

• Hands-On Experience: Gain practical experience and insights into the operations field through real-world projects and challenges.

• Mentorship: Receive guidance and mentorship from experienced professionals who are committed to your development.

• Networking Opportunities: Build connections within the industry and with fellow interns and employees.

• Professional Development: Participate in workshops training sessions and seminars designed to enhance your skills and knowledge.

Citizenship requirements

In addition all candidates must undergo an enhanced background check and comply with all applicable information handling rules and all non-U.S. citizens must sign a declaration of intent to become a U.S. citizen and pursue a path to citizenship.

Physical Demands and General Working Conditions

This is not necessarily an exhaustive list of all responsibilities duties performance standards or requirements efforts skills or working conditions associated with the job. While this is intended to be an accurate reflection of the current job the Federal Reserve Bank of Cleveland reserves the right to revise this or any job description at any time.

Banks Ethics Rules and Drug Testing:

As a condition of employment Federal Reserve Bank of Cleveland employees must comply with the Banks ethics rules which generally prohibit employees their spouses/domestic partners and minor children from owning or controlling directly or indirectly any debt or equity interest in a depository institution or an affiliate of a depository institution. A depository institution means a bank a trust company or any institution that accepts deposits including a bank chartered under the laws of a foreign addition employees (and their spouses/domestic partners and minor children) may not own shares of mutual funds unit investment trusts or ETFs that have a policy as stated in the prospectus of concentrating in the financial services industry and that have underlying investments in banks or other depository institutions. If you or your spouse/domestic partner or minor child own such securities and would not be willing or able to divest them if you accepted an offer of Bank employment you should raise this issue with the recruiter for this posting.

In addition as a condition of employment candidates must undergo a background check and will be tested for all controlled substances prohibited by federal law to include marijuana prior to hire and for certain safety sensitive positions during employment.

Always verify and apply to jobs on Federal Reserve System Careers or through verified Federal Reserve Bank social media channels

Reasonable Accommodation Statement - The Federal Reserve Bank of Cleveland is committed to ensuring that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process perform essential job functions and receive other benefits and privileges of employment. To request a reasonable accommodation for any part of the employment process please send an email to

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The Federal Reserve Banks are committed to equal employment opportunity for employees and job applicants in compliance with applicable law and to an environment where employees are valued for their differences.

Always verify and apply to jobs on Federal Reserve System Careers ( or through verified Federal Reserve Bank social media channels.

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