Home Knowledge Base St. Louis Fed

St. Louis Fed

No mentions found

This entity hasn't been tracked yet, or Iris is still building its knowledge base.

Related Articles from SNS

Higher mortgage rates don't just keep buyers on the sidelines. Application denials rise too

Higher interest rates do more than just deter potential homebuyers — they may also block consumers from qualifying for a mortgage, according to new research. The rate of denials in loan applications was 15.1% in 2024, up from 12.2% in 2021, a rise that occurred alongside a surge in mortgage rates from below 3.5% to more than 6.5%, researchers at the Federal Reserve Bank of St. Louis said in a new blog post. At the same time, however, fewer consumers were applying for mortgages as rates...

CNBC 6d ago

Hot jobs report puts Fed cuts further out of reach as Chair Warsh faces policy tests

Another big jobs report in May has pretty much swept aside the possibility of interest rate cuts anytime soon — and in the process underscored the tricky policy path ahead for new Federal Reserve Chair Kevin Warsh. The chance of rate reductions already had been on life support heading into Friday's nonfarm payrolls report. But the unexpectedly strong gain of 172,000, compounded by sharp upward revisions for prior months, makes the case for policy easing even weaker, particularly considering...

CNBC 4d ago

New U.S. college grads now have higher unemployment than the average worker

New U.S. college grads now have higher unemployment than the average worker Part of Teaching an AI Agent to Make Beautiful Charts A fresh college degree used to come with a quiet edge in the job market. New grads had better odds of landing work than the average worker, and that edge held for as long as anyone tracked it.

Hacker News 3d ago

Science news this week: Ötzi the Iceman used to make sourdough, Italian teenagers discover Roman villa under school, Google plans to release 64 million mosquitos, and RIP to NASA's Maven probe

Science news this week: Ötzi the Iceman used to make sourdough, Italian teenagers discover Roman villa under school, Google plans to release 64 million mosquitos, and RIP to NASA's Maven probe June 6, 2026: Our weekly roundup of the latest science in the news, as well as a few fascinating articles to keep you entertained over the weekend Surprise discoveries that were thousands of years in the making dominated this week's science news, with scientists discovering that Ötzi the Iceman's body...

Live Science 4d ago