Fewer Younger, Richer Households Have Negative Home Equity
Overall, the share of households with negative equity in their homes declined from 2010 to 2013. However, breaking down shares by income and age shows that not all groups had the same experiences. Read more on the St. Louis Fed on the Economy blog.
- 12/02 | Webinar
Home Grown: How Local Food Creates Vibrant Economies
- 12/04 | St. Louis, Mo.
Tools for Teaching a High School Personal Finance Course
- 04/02 - 04/03 | Washington, D.C., 20008
Economic Mobility: Research & Ideas on Strengthening Families, Communities & the Economy
- 11/21 | Testimony by Governor Tarullo on physical commodities
- 11/20 | Speech by Governor Tarullo on liquidity regulation
- 11/19 | Minutes of the Federal Open Market Committee, October 28-29, 2014
- 11/14 | Speech by Governor Powell on monetary policy accommodation, risk-taking, and spillovers
Nov. 14, 2014
"Does Low Inflation Justify a Zero Policy Rate?"
St. Louis Fed President James Bullard discussed whether current macroeconomic data can rationalize the exceptionally low setting for the policy rate. During an event in St. Louis, he said that inflation at the current level is not enough to justify remaining at the zero lower bound. He added that low inflation can justify a policy rate somewhat lower than normal, but not zero.
"A Commitment to Serving the Public"
In the St. Louis Fed's centennial commemorative report, President James Bullard noted that the decentralized, regional structure of the Federal Reserve System has been an important aspect of its design over the past 100 years. For example, the structure allows input from around the country for important policy decisions. He also discussed what he sees for the Fed's next 100 years as well as his vision for the St. Louis Fed.
Oct. 22, 2014
2013 Annual Report — 100 Years of Service
Beige Book Audio
The St. Louis Fed’s Inside the Economy Museum is now open. Immerse yourself in a one-of-a-kind experience that explains the economy through nearly 100 exhibits, games, sculptures and videos. Walk-ins and groups are welcome. Admission is free. Go to the museum website to plan your visit.