Thursday Sep 11
Recession is over? Don't tell that to these people
The income and the net worth of American families continued to decline from 2010 to 2013, according to a research study by the Federal Reserve Bank of St. Louis.
Tue Sep 09, 2014
The Economic Recovery Hasn't Reached Minority Families
Fully 90 percent of U.S. families are still struggling to recover from the recession, according to a new survey from the Federal Reserve Board. From 2010 to 2013, America's economic output went up, the stock market rallied, and the unemployment rate fell.
Mon Sep 08, 2014
If capital is king, this is St. Louis bank royalty
Keep in mind that banks with a Tier 1 leverage ratio of 5 percent or greater are considered well capitalized by regulatory standards. The ratio is an indicator of capital strength, which is critical in a financial downturn.
Sun Sep 07, 2014
Are Housing Prices Headed Back Down?
As the Fed eases off QE, the concern is that higher interest rates will depress home values. Some are even calling for crash and a repeat of 2008.
Wed Sep 03, 2014
Generation X looks a lot like Generation Debt
Gen Xers, those born from 1965 to 1980, have the highest level of household debt in the U.S., according to a study by the Federal Reserve Bank of St. Louis.
Americans 'Hoard' Cash? It's Probably Fueling the Shadow Economy
The Federal Reserve Bank of St. Louis wants to know where in hell all of the money injected into the system in recent years by the Fed has gone.
Sun Aug 31, 2014
History Repeats: Car Loans To People Who Don't Qualify?
In the first quarter of 2012, auto loans amounted to $737 billion; now they are just short of $1.0 trillion.
Thu Aug 28, 2014
Bernie Sanders: 'In 1952, the corporate income tax accounted for 33...
The meme says: "Want to better understand why we have a federal deficit? In 1952, the corporate income tax accounted for 33 percent of all federal tax revenue.
America's Most Deeply Indebted Generation Will Surprise You
Millennials may owe more in student loans than any American generation, but their Generation X elders are actually the most in debt.
Sun Aug 24, 2014
The Big Picture
Forecasting National Inflation Rates
A recent line of research has established that global factors significantly correlate with national inflation rate movements, so much in fact that they can help forecast national inflation rates.1 A forthcoming Federal Reserve Bank of St. Louis Review article2 follows this literature and estimates a one-factor model for global inflation using ... (more)
Fri Aug 22, 2014
Second-quarter bank report for Louisville shows steady improvement
There was good and bad news in the Federal Reserve Bank of St. Louis' second-quarter community banking report covering the Louisville metropolitan statistical area.
Fed's Bullard Says Job Gains Point to Earlier Rate Hikes
Federal Reserve Bank of St. Louis President James Bullard said the U.S. central bank may begin tightening monetary policy earlier than officials previously expected, while Atlanta Fed President Dennis Lockhart urged more patience.
Mon Aug 18, 2014
Consumer loans jump 40 percent at St. Louis banks
Consumer loans increased to $1.06 billion as of June 30 at 85 banks based in St. Louis, 40 percent higher than a year earlier, according to the Federal Reserve Bank of St. Louis .