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Federal Reserve Bank of St Louis News

News on Federal Reserve Bank of St Louis continually updated from thousands of sources around the net.

Thursday | Business Journal

St. Louis Fed: How credit card debt breaks down by age

A study by the Federal Reserve Bank of St. Louis shows how dramatically credit card debt dropped during the recession.

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Related Topix: Financial Services, Banking

Fri Apr 11, 2014

BusinessWeek

Millennials Still Feel the Recession's Bite

The damage from the collapse of the U.S. housing market wasn't evenly distributed.

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Related Topix: Economics News, Bankruptcy, Family, Kids, Banking, Financial Services, Credit Card Debt, Personal Finance

Tue Apr 08, 2014

Business Journal

Private projects driving modest construction growth

According to a news release from the Associated General Contractors of America, construction spending was up in February compared to January 2014.

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Related Topix: Banking, Financial Services

Mon Apr 07, 2014

Iol.co.za

US stocks fluctuate as Nasdaq rebounds

US stocks fluctuated, as the Nasdaq 100 rebounded from its worst loss in two years to offset a drop in consumer shares before first-quarter earnings reports.

Comment?

Related Topix: Financial Markets, Banking, Financial Services, Templeton Emerging Markets Fund Delaware

Sat Apr 05, 2014

Townhall

Millennials Mired in "Wealth Gap"

Thanks to Fed printing presses coupled with an extreme case of irrational exuberance, those over 40 years old have recovered losses from the great financial collapse.

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Related Topix: Financial Services, Banking, Opinion

Fri Apr 04, 2014

Reuters

DIARY - Top Economic Events to April 16

Italy Cernobbio Conference on "The Outlook for Financial Markets, for their Governance and for Finance".

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Related Topix: Canada, Banking, Financial Services, University of Southern California, Federal Reserve Bank of Philadelphia, Washington

Thu Apr 03, 2014

Business Journal

GE, Metro government leaders address skilled worker shortage

As part of a recent panel discussion hosted by the Federal Reserve Bank of St. Louis, two area business leaders joined two Fed economists to discuss the state of, and expectations for, the region's economy.

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Related Topix: Banking, Financial Services, General Electric, Aerospace-Defense

Wed Apr 02, 2014

Bloomberg

Bullard Says Inflation Slowing More Might Cause QE Taper Delay

James Bullard, president of the St. Louis Federal Reserve Bank, speaks during interview at the Credit Suisse Asian Investment Conference in Hong Kong, on March 26, 2014.

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Related Topix: Financial Services, Banking

Tue Apr 01, 2014

Business Journal

Is Bitcoin prone to swings?: TechFlash 7 things

David Andolfatto, a vice president at the Federal Reserve Bank of St. Louis, said the value of Bitcoin is prone to swings because a central authority can't issue more supply in times when demand for money soars, such as during a financial crisis.

Comment?

Related Topix: Financial Services, Banking

Mon Mar 31, 2014

Reuters

DIARY-Top economic events to April 10

Informal Meeting of Ministers for Economic and Financial Affairs . LONDON - Westminster Business Forum Keynote Seminar: Next steps for banking reform - competition, stability and standards.

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Related Topix: Banking, Financial Services, Washington, Essex County, England, World News, United Kingdom, Greater London County, England, Norway, Startups, IGN Entertainment, Fox Filmed Entertainment, Media

Bloomberg

Millenials Mired in Worth Gap as Older Americans Recoup Wealth

The damage inflicted on U.S. households by the collapse of the housing market and recession wasn't evenly distributed.

Comment?

Related Topix: Economics News, Bankruptcy, Family, Kids, Banking, Financial Services, Foreclosures, Housing

Sat Mar 29, 2014

Customer Interaction Solutions

In Memoriam: Michael J. Dueker [Review (Federal Reserve Bank of St. Louis) (MO)]

Via Acquire Media NewsEdge) Our friend and former colleague, Michael J. Dueker, passed away on Wednesday, January 29, 2014.

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Related Topix: Financial Services, Banking, University of Washington, Financial Markets

Fri Mar 28, 2014

Reuters

DIARY - Top economic Events to April 9

CHICAGO - 2014 National Interagency Community Reinvestment Conference . Speakers:- Federal Reserve Chair Janet Yellen, FDIC Chairman Martin Gruenberg and Comptroller of the Currency Thomas Curry.

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Related Topix: Essex County, England, World News, United Kingdom, Greater London County, England, Cyprus, Banking, Financial Services, North America, Canada

Business Journal

All economic indicators point to growth

For 2014, Kevin Kliesen , business economist and research officer with the Federal Reserve Bank of St. Louis , expects the national economy to drive strong growth for Louisville.

Comment?

Related Topix: Banking, Financial Services

Wed Mar 26, 2014

Bloomberg

Bullard Says Fed Hasn't Discussed Date to End QE

Federal Reserve Bank of St. Louis President James Bullard said policy makers haven't committed to a specific month to end bond purchases even as it would take a significant shift in the outlook to alter the path of tapering.

Comment?

Related Topix: Financial Services, Banking, January

Forbes.com

Gold Firmer on Short Covering, Chart Consolidation

Gold prices are modestly higher in early U.S. trading Wednesday, on more short covering and some backing and filling on the charts following recent selling pressure.

Comment?

Related Topix: Banking, Financial Services, Home, Mortgage, Personal Finance

Iol.co.za

US futures rise as Ukraine tensions ease

US stock index futures rose on Wednesday as geopolitical tensions eased after Western powers agreed to hold off on more damaging economic sanctions against Russia unless it went beyond its seizure of Crimea.

Comment?

Related Topix: Social Software, Banking, Financial Services

The Hartford Courant

Fed's Bullard says jobless rate expected to fall below six percent this year

The U.S. unemployment rate is expected to fall below 6 percent by the end of this year, James Bullard, president of the Federal Reserve Bank of St. Louis, said on Wednesday.

Comment?

Related Topix: Financial Services, Banking, Ansonia, CT

Reuters

Fed's Bullard says jobless rate expected to fall below six percent this year

The U.S. unemployment rate is expected to fall below 6 percent by the end of this year, James Bullard, president of the Federal Reserve Bank of St. Louis, said on Wednesday.

Comment?

Related Topix: Financial Services, Banking

Tue Mar 25, 2014

Wall Street Journal

Atlanta Fed's Lockhart Says Second Half of 2015 Is Soonest Rates Could Rise

The Federal Reserve will likely begin to raise interest rates in the second half of 2015, but it could be much longer because the U.S. labor market needs time to fully recover from the recession, Federal Reserve Bank of Atlanta President Dennis Lockhart said Tuesday.

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Related Topix: Federal Reserve Bank of Atlanta, Financial Services, Banking

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