Inflation will slow this year, allowing Fed to cut rates further, says former St. Louis Fed chief
Former St. Louis Federal President James Bullard said that inflation will slow markedly this year, allowing the central bank ...
Net worth of millennials has quadrupled: Why some call it 'phantom wealth'
Collectively, millennials are now worth about $15.95 trillion, up from $3.94 trillion five years earlier, according ...
Local execs appointed to St. Louis Fed's Louisville board
Newly appointed and reappointed directors are responsible for familiarizing themselves with local economic conditions.
Latin Times3d
Millennials Hold Trillions In Wealth—Yet 'Phantom Wealth' Keeps Them Feeling Poor
An analysis of St. Louis Federal Reserve data in 2022 showed that younger families in the U.S. have actually made remarkable ...
Millennials’ net worth has quadrupled in three years, but most of the unluckiest generation still feels lost
The median wealth of older millennials is 37% above expectations and 39% above expectations for younger millennials and Gen Zers, according to the St. Louis Federal Reserve’s analysis of data from ...
St. Louis Post-Dispatch18d
St. Louis Fed president sees ‘patient’ approach to rate cuts
Cancel anytime. Alberto G. Musalem, president of the St. Louis Federal Reserve, is interviewed in his downtown office on Tuesday, Jan. 14, 2025. ST. LOUIS — Approaching his first meeting as a ...
Should You Hold Most of Your Wealth in Stocks or Homes? One Is a More Powerful Wealth Builder.
On its website in April, it posted some graphs and findings reflecting wealth in America. This is not news to anyone who has ...
People in Business: Federal Reserve Bank names; SSM appoints; WILsquare promotes; Kolbeco hires
St. Louis-based Kolbeco, a B2B marketing communications firm, welcomed Libby McCandless as marketing strategist. GB ...
Wall Street Journal24d
Fed Official Says Further Rate Cuts Can Wait
ST. LOUIS—A Federal Reserve official said he viewed last month’s decision to lower interest rates as a “close call” because the economic outlook appears to be different now than it was ...
Talk Business6d
St. Louis Fed Little Rock branch makes changes to board of directors
The Federal Reserve Bank of St. Louis has announced the following changes to its Little Rock Branch board of directors, effective January 2025. Allison J.H. Thompson, president and CEO ...
Mortgage rates went down again. Here’s what that means for you.
The mortgage rate drop provides little relief for prospective shoppers looking ahead to the spring homebuying season.