Federal Reserve

The annual inflation rate eased somewhat in April, but not enough to meaningfully reduce the burden on lower-income Americans.

Fair lending advocates credit dialogue with First Mid Bank & Trust for leading to a community benefits agreement. Advocates had initially opposed First Mid’s planned purchase of Jefferson Bank & Trust.

First Mid Bank & Trust’s application to purchase Jefferson Bank & Trust has St. Louis community groups pushing back. The groups want the Federal Reserve to deny the merger and conduct a fair-lending investigation.

ROLLA — An economist with the Federal Reserve Bank of St. Louis says there are some mixed signals coming from the region.Companies are starting to get…

A new report focusing on the racial dimensions of inequality in America connects the richest 10 percent of households getting richer and the wealth of the…

The end of the year is always a time to take stock of what has transpired during the past year and what is likely to happen in the one about to begin.…

This article first appeared in the St. Louis Beacon, June 25, 2013: Looking at stock prices over the past few months, May 22 stands out. That was the…

The Federal Reserve said it would buy $40 billion a month on bond purchases to stimulate the economy.

This article first appeared in the St. Louis Beacon, June 7, 2012 - The May jobs report did little to dispel the notion that the U.S. economy is in a…

This article first appeared in the St. Louis Beacon, May 8, 2012 - WASHINGTON – Interrupting his quixotic quest for the GOP presidential nomination, U.S.…