The Fed is expected to continue gradually raising interest rates in 2018, but the president of the St. Louis Fed urges caution along that path to avoid a “yield curve inversion.”
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St. Louis Fed: Foreclosure Crisis Nears Conclusion
The Federal Reserve Bank of St. Louis stated that the final remnants of the recession’s “historically elevated rates of extreme mortgage distress and defaults” are largely in the rear view mirror.
Read More »The Path to Monetary Policy Normalization
While speculation of a June rate hike by the Fed persists, St. Louis Fed President James Bullard discussed two possibilities for the Fed to take on the normalization of monetary policy.
Read More »Digging Deeper Into the Declining Homeownership Rate
Why has the homeownership rate remained low while housing fundamentals continue to improve?
Read More »St. Louis Fed Casts Doubt on the Effectiveness of QE and Zero Interest Rate Policy
In a recently released white paper analyzing actions taken by the Federal Reserve in the immediate aftermath of the 2008 financial crisis, St. Louis Fed VP Stephen D. Williamson questions a few of the central bank's policies and the effect they have had on the economy.
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