To mark its centennial, the St. Louis Fed published "100 Years of Service." Read about the birth of the Federal Reserve and how the St. Louis Fed came to be known as the maverick in the Fed system. See how it serves not only financial institutions and the Treasury, but also educators, community development workers, researchers and the public.View Publication
In the April 2015 issue of In the Balance, authors William R. Emmons and Bryan J. Noeth compare two methods of measuring the financial health of the middle class, as well as that of richer and poorer households. The authors believe that the method most often used by economists – using the median income or wealth level – can be ambiguous and even misleading. Instead, Emmons and Noeth recommend looking at the classes of people through the eyes of a sociologist. When the authors do so, they find that the middle class may be hurting financially more than most people realize.
The director and senior economic adviser for the Center for Household Financial Stability co-authored an op-ed in The Washington Post on Dec. 31, 2014. The authors examined the Federal Reserve's recent Survey of Consumer Finances on the wealth and income of African American (and other) families and concluded that, with well-designed economic interventions and some vision among leaders, more financially fragile Americans could thrive.