With the Federal Reserve expected to take further action to address continued inflationary concerns, mortgage rates rose for the second consecutive week amidst softening market demand.
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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 »St. Louis Fed Official Reviews Central Bank’s Post-Crisis Economic Policies
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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