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Federal Reserve Bank Of St Louis

12:06 a.m. Nov. 2, 2020 - By Anna Helhoski
Discharging student loans in bankruptcy—could it soon get easier? Change is a-coming: Some recent decisions could serve as a precedent for future bankruptcy cases involving student loansRecent bankruptcy court rulings and lawmakers’ support of relief for overburdened borrowers may signal a change is coming.
11:39 a.m. Aug. 27, 2020 - By Greg Robb
Fed adopts new strategy to allow higher inflation and welcome strong labor markets Gone is the presumption that strong labor markets lead to out-of-control price-increasesThe Federal Reserve’s interest-rate committee on Thursday announced it has unanimously approved a new strategy seen as leading to an easier monetary policy stance.
7:56 p.m. Aug. 3, 2020 - By Greg Robb
Fed’s Evans says the power to get the economy going lies with Congress What lawmakers decide on jobless benefits will influence aggregate demand, Chicago Fed president saysChicago Fed President Charles Evans said Monday Congress is in the drivers seat in policy decisions needed to ensure economic growth in the near term.
12:02 p.m. July 16, 2020 - By Greg Robb
Fed needs stronger forward guidance to convince people ‘we’re really in it to win it,’ Evans says Chicago Fed president is another voice in favor of setting conditions to meet before interest rates riseThe U.S. central bank should adopt strong forward guidance to convince the market that ‘‘we’re in it to win it,” said Chicago Fed President Charles Evans on Thursday.
1:39 p.m. July 14, 2020 - By Greg Robb
Fed’s Bullard says stock market’s optimism has been proven right, so far St. Louis Fed President says there could be sharp drop in unemployment rates ‘if we play our cards right’St. Louis Fed President James Bullard on Tuesday said the stock market’s optimism has been validated by the economic data.
8:19 a.m. June 23, 2020 - By Greg Robb
Fed’s Bullard doesn’t see signs a damaging asset bubble is forming St. Louis Fed president says there are more questions than answers about using yield curve control as a policy toolSt. Louis Fed President James Bullard on Tuesday said he doesn’t see a risky asset bubble forming in the wake of the Fed’s efforts to battle the coronavirus pandemic.
12:10 p.m. May 5, 2020 - By Greg Robb
Fed’s Evans sees return to economic growth after June but admits more pessimistic scenarios are almost as likely Chicago Fed president says ‘a lot of things have to go right’ to get unemployment down to 5% by end of 2021 in post-COVID recoveryChicago Fed President Charles Evans said Tuesday it is reasonable to expect a return to growth in the second half of this year, but said more pessimistic scenarios are almost just as likely.
10:32 a.m. May 1, 2020 - By Greg Robb
Fed officials stress they may have to get innovative to revive economy from COVID-19 shutdown Richmond Fed president Barkin says U.S. economy took elevator down but has to take the stairs upFederal Reserve officials said Friday they are ready to do more to help the economy recover from the blanket shutdown put in place to prevent the spread of COVID-19.
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