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“The sectors of the economy where people are borrowing money, those are the sectors that have seen the most immediate effects of these interest rate increases,” said a local economist.
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What recovery?That was the question being asked Thursday by a small group of activists outside the Federal Reserve Bank of St. Louis.About a dozen…
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This article originally appeared in the St. Louis Beacon. - The Senate Banking Committee, in a 14-8 vote, recently sent to the full Senate, President…
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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…
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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…
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This article first appeared in the St. Louis Beacon, Aug. 27, 2009 - In his quiet, measured way, James Bullard, president of the Federal Reserve Bank of…
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This article first appeared in the St Louis Beacon, Dec. 17, 2008 - The Federal Reserve's decision to cut an important interest rate to a record low of…
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This article first appeared in the St. Louis Beacon: October 29, 2008 - The Fed's decision to again lower its federal funds rate will not prevent an…
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This article first appeared in the St. Louis Beacon: October 9, 2008 - On Monday, Federal Reserve Chairman Ben Bernanke told the National Association for…
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This article first appeared in the St. Louis Beacon: June 25, 2008 - The Federal Open Market Committee (FOMC) announced on June 25 that it would hold the…