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Federal Reserve Bank of St. Louis

One of twelve regional Federal Reserve banks; it conducts economic research and operates FRED, a widely used public database of economic data.

Known aliases

  • St. Louis Fed

Current stories

investOne report1 publisher

Data-center construction's $85 billion pace leaves building crews exposed to an AI slowdown

US private data-center construction ran at about $85 billion a year in August, 73% above a year earlier, according to the Census Bureau. AI spending only lifts growth when it rises, so the crews building these campuses now need next year's budgets to beat this year's.

Publishers:qz.com

Reality

Evidence66
Adoption74
Hype gap+12
Incentives
Not scored
Confidence58
investOne report1 publisher

Six in ten community banks expect stablecoins to cost them deposits and lending, state supervisors find

State supervisors surveyed 330 community banks and found 60.2% rank deposit outflows and lost lending as stablecoins' most or moderately impactful effects. The banks' main answer so far is a push for uniform rules, while a smaller group prepares products of its own.

Reality

Evidence58
Adoption4
Hype gap+18
Incentives70
Confidence60
investOne report1 publisher

Bowman splits Fed bank supervision into five state-line regions, each with one accountable leader

Fed supervision chief Michelle Bowman is scrapping dozens of internal committees and regrouping bank oversight into five regions drawn on state lines. A parallel plan to raise asset thresholds by as much as 50%, on TD Cowen's estimate, will decide more of what banks pay for supervision.

Reality

Evidence55
Adoption
Not scored
Hype gap+20
Incentives45
Confidence50
investOne report1 publisher

Fed builds a rule book for the AI agents that now make half of FRED's visits

Fed Governor Christopher Waller said AI agents now account for about half of visits to FRED, a site whose traffic is growing 150% a year. The Fed is adapting its flagship database for the software that now sits between official data and the people who use it.

Reality

Evidence50
Adoption55
Hype gap+10
Incentives45
Confidence55
investConfirmed4 publishers

Virginia's data centers buy one permanent job for every $54m invested

The build is now the largest driver of U.S. private investment growth, and 71% of Americans polled want none of it nearby, which makes entitlement risk rather than capital the thing infrastructure investors have to price.

Perspective Coverage

4 publishers
Builder
Builder 8%
Operator
Operator 46%
Investor
Investor 46%

Reality

Evidence58
Adoption62
Hype gap+45
Incentives64
Confidence60
investOne report1 publisher

Warsh can quiet one seat on an FOMC that averaged 196 speeches a year

American Banker's count of more than 8,000 FOMC speeches shows the growth since 1979 came almost entirely from officials other than the chair. This week's expected quarter-point move is the first test of the new approach.

Reality

Evidence70
Adoption20
Hype gap+12
Incentives45
Confidence64
investOne report1 publisher

Texas's new bank price war is a margin story, not a market-share one

Out-of-state buyers took Comerica, Veritex and Cadence, and Huntington went from zero Texas branches to 140 in a year. Incumbents from Frost down to a $55 million bank in Groom say they will bend on price.

Reality

Evidence60
Adoption62
Hype gap+22
Incentives66
Confidence55