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.
Stay connected with the latest news and research by signing up for the Center's email alert.
New research by Center Fellow Mike Stegman finds that the receipt of down payment assistance—an important path to first-time homeownership—isn’t associated with greater default risk.
While the overall financial returns to a college education remain strong, the returns for recent graduates appear to be fading.
Millennials have fallen behind the wealth benchmarks set by previous generations. While there is room for optimism, only time will tell whether they recover.
Intergenerational mobility—defined by both income or wealth rankings—are much lower among black boys and men.