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St. Louis Fed Welcomes NPR's "Planet Money" Team

The St. Louis Fed and St. Louis' NPR station, KWMU, hosted a presentation and panel discussion Nov. 19 featuring St. Louis Fed senior economist Bill Emmons and "Planet Money" hosts Adam Davidson and Alex Blumberg. In an opening presentation at the St. Louis Fed, Emmons gave his outlook on the local economy. KWMU's Bill Raack then moderated a panel discussion with Emmons, Blumberg and Davidson, who took questions about the global financial crisis and the national economic outlook from the St. Louis audience. [More]

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11/17 | Board Approves Reduction in Maximum Maturity of Primary Credit Loans
11/17 | Federal Regulators Issue Final Model Privacy Notice Form
11/16 | Fed Proposes Rules Restricting Fees and Expiration Dates on Gift Cards
11/13 | Agencies Issue Final Rule for Mortgage Loans Modified Under the Home Affordable Mortgage Program

From the President

The First Phase of the U.S. Recovery

In a Nov. 18 presentation before St. Louis-area business leaders, St. Louis Fed President James Bullard described the forces driving the nascent economic recovery and posed the question: How sustainable is this growth going forward? Bullard said that labor markets are still a trouble spot, but there are signs of improvement. “While civilian unemployment remains high,” Bullard said, “the pace of job losses has slowed.” Inflation is still low, Bullard added, although global commodity prices are quite volatile and “inflation uncertainty remains elevated compared with last fall.”