The Center for Household Financial Stability was launched by the Federal Reserve Bank of St. Louis in May 2013 to research and strengthen the balance sheets of struggling American families.
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Book event will explore, among other things, why so many people are struggling financially despite a growing economy, higher living standards, and rising stock market.
Contrary to popular opinion, members of Gen X and younger baby boomers appear more likely to fall short of financial milestones.
Perceptions of discrimination and patterns of household incomes differ between blacks and whites.
Both a family head’s education and that of his or her parents affect how much income and wealth a family has.