Homebuilders in St. Louis have a two-year oversupply of ready-to-build lots, banker David Kemper says, so two years is a good estimate of how long the housing downturn will last here. Kemper, chief executive of Commerce Bancshares, spoke this morning…

Bill Poole, who recently retired as president of the St. Louis Federal Reserve Bank, got a 14 percent salary increase last year. His salary of $356,000 — fifth highest among the 12 regional Fed presidents — was disclosed today in…

Bill Poole has finished his 10-year stint on the policymaking Federal Open Market Committee. He is scheduled to retire next month as president of the St. Louis Federal Reserve Bank, and, by custom, won’t participate in the March 18 FOMC meeting. But…

When the Federal Reserve decided last night to make an emergency 0.75 percent cut in its target federal funds rate, eight members of the Federal Open Market Committee approved the move. The lone dissenter was William Poole, president of the Federal Reserve…

Bill Poole, president of the St. Louis Federal Reserve Bank, says financial markets seem to healing from subprime-related problems. “Recent weeks show clear progress,” he said in a speech today at Marquette University.

Poole says the Federal Reserve “needs to be careful…

The Federal Reserve Bank of St. Louis just wrapped up its two-day economic policy conference, titled “Monetary Policy under Uncertainty.” It was billed as a tribute to Bill Poole, who is retiring in March after 10 years as the bank’s president.…

There’s no mystery about what the  Federal Reserve will do with interest-rate policy at a meeting this week: It’s widely expected to keep the overnight federal funds rate at 5.25 percent, where it’s been for a year now.

That lack…

The salary of Bill Poole, president of the St. Louis Federal Reserve Bank, rose 5 percent last year to $311,000, according to the Federal Reserve System’s annual report.  Poole was the seventh-highest paid among 11 regional presidents whose salaries are disclosed in…