Federal Reserve Bank of St. Louis

1 month ago | stlouisfed.org | Juan Sanchez |Juan Sánchez |Masataka Mori

Cryptocurrency has become more prevalent since it first entered the global economy. However, no consistent measurement of cryptocurrency ownership among American households has emerged. This blog post uses what data are available through the Survey of Consumer Finances (SCF) to estimate the distribution of cryptocurrency ownership in the U.S., finding that roughly 4.3% of Americans held such assets.

1 month ago | stlouisfed.org | Fernando M. Martin |Fernando Martín

In my previous blog post, I analyzed the recent inflation episode. Inflation, which was and remains a broad-based phenomenon, peaked in mid-2022 and has since declined sharply, though progress toward the Federal Reserve’s 2% target may have recently stalled. Five years after the start of the COVID-19 pandemic, prices are 10% above their prepandemic trend. In this post, I will argue that inflation was primarily the product of the fiscal deficits incurred in response to the pandemic.

1 month ago | stlouisfed.org | Fernando M. Martin |Fernando Martín

Five years after the start of the COVID-19 pandemic, prices are 10% above their prepandemic trend. Inflation peaked in mid-2022 and has since declined sharply, though progress towards the Federal Reserve’s 2% target may have stalled recently. This inflation episode was and remains broad-based, with most product categories still experiencing higher inflation than before the pandemic.

Nov 1, 2024 | stlouisfed.org | Mary Clare Peate |Cameron Tucker

Learn how meme stocks differ from traditional stocks and how changes in financial technology have allowed new investors to enter the stock market.

Oct 23, 2024 | stlouisfed.org | Vincent Brennan

Earlier this month, the Federal Reserve Bank of St. Louis hosted the 2024 Community Banking Research Conference, which is in its 12th year. The conference “is keenly focused on bringing together diverse perspectives to discuss emerging research and to debate important issues impacting the community bank business model,” St. Louis Fed President Alberto Musalem said in his welcoming remarks.