A new WalletHub report finds that Missouri’s average mortgage rate is the second-largest increase in the country. During the first six months of this year, the rate rose over three percentage points to 6.3%. Missouri Bankers Association President Jackson Hataway said...
A warning about the growing national debt comes from the former president of Kansas City’s Federal Reserve Bank. Thomas Hoenig, now with George Mason University, said the federal debt of $31 trillion is no longer discussed by politicians or presidential candidates. He...
What do significant gains in financial wealth look like to you? It turns out that Millennials and older Gen Z-ers made a lot of money in 2022, according to a recent report from the Federal Reserve Bank of St. Louis. Lowell Ricketts and Ana Hernandez Kent talk to...
How does the St. Louis region fare as compared to regional economic growth across the U.S.? Charles Gascon, an economist at the Federal Reserve Bank of St. Louis, found that Midwestern cities have struggled to retain their population due to a decline in manufacturing....
