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 ...
Falling inflation-adjusted yields have cheered investors. Why it may not last.
The yield on 10-year Treasury inflation-protected securities probably won’t keep falling this year despite its recent retreat ...
NBC News15d
Net worth of millennials has quadrupled: Why some call it 'phantom wealth'
“Younger families in the U.S. made remarkable gains,” according to an analysis of 2022 data by the St. Louis Federal Reserve. Collectively, millennials are now worth about $15.95 trillion, up from ...
St. Louis Post-Dispatch27d
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 ...
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 ...
Talk Business15d
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.
New president of Saint Louis Bank a fixture for three decades
The new president's local banking career spans 31 years, including stints at Busey Bank, Boatman’s Bank, Founders Bank and ...
Morningstar9d
Inflation will slow this year, allowing Fed to cut rates further, says former St. Louis Fed chief
March is too soon for a reduction though, James Bullard says in MarketWatch interview Former St. Louis Federal President ... index preferred by the Fed would fall to a 2.3% annual rate by the ...