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All St. Louis Fed Publications
Features
The winter issue of Central Banker explores the future of Freddie Mac and Fannie Mae, as well as planning and liquidity issues amid a weakening economy. (Read more.)
Americans' increasing reliance on short-term ways of borrowing money—such as credit cards and payday loans—could have long-term implications for the economy. Learn more in the fall issue of Inside the Vault, our economic education newsletter.
Also in this issue, find out more about credit scores and how they're determined in Q&A, and get the latest news on St. Louis Fed teaching tools, courses and conferences in Bulletin Board.
An easy-to-read guide to the structure and functions of the Federal Reserve System.
The Fed as a Super Regulator
If given broader regulatory authority, the Fed will probably face new challenges in executing its traditional responsibilities and in preserving its independence against political pressure. Read more.
Also in the January issue:
- President’s Message: The Fed as Lender of Last Resort
- Deficits, Debt and Looming Disaster
- Economic Theory Meets Sports
- Little Rock Stands Out in District in Employment Growth
- Community Profile: El Dorado, Ark.
- Reader Exchange: Strong Opinions on “Income Inequality” Article
To
see what’s on the minds of our readers, check out the letters
to the editor, or send a letter of your own.
Latest Review Examines Effect of Regulation on Electrical Utilities
In the January/February issue of the St. Louis Fed's Review, Economist Tom Garrett and his co-authors outline different types of public and private utility companies and how they maximize their profits in the face of regulations. The authors conclude that some regulations have unintended consequences, particularly overcapitalization—the very problem the regulations were designed to discourage. (Read more.)
The winter issue of the newsletter focuses on the economic crisis and its effect on community development. At a recent meeting in Conway, Ark., a Fed economist and local experts discussed the opportunities that lie among the obstacles. Other topics include a commentary on mistakes nonprofits make and research on local business cycles and crime rates.
Poole Reflects in Bank’s 2007 Annual Report
Former St. Louis Fed President Bill Poole looks back at his eventful 10-year presidency in the Bank's 2007 Annual Report. In a final interview, Poole discusses the Fed's proper role during times of crisis, such as the turbulent economic events that took place during his tenure. He also shares his thoughts on the FOMC's communication policies and on the evolving functions of Reserve banks. Also included are highlights from some of Poole's nearly 150 speeches.
