Eighth Notes

A new St. Louis Fed president speaks out.

The Commercial Paper Market: Who's Minding the Shop?

Commercial paper has become a force to be reckoned with in the U.S. money market. It comes with risks, though, that shouldn't be papered over.

Lead Article
by Dusan Stojanovic and Mark D. Vaughan

How Susceptible is the United States to the Asian Flu?

The financial maladies that have afflicted East Asian nations recently have left many policymakers feeling ill at ease. But is there true cause.for concern?

Economic Background
by Kevin L.Kliesen

With Tailwinds Blowing,
the District Economy Sails On

Unemployment's low, output's high, and the Eighth District's economic waters appear to be iceberg-free.

Economic Briefing
by Adam M. Zaretsky

Pieces of Eight

• Poole becomes president
• RE readers have their say
• Federal government lines District's pockets

News Briefs from the Eighth District

District Data

Selected measures of the region's business, banking and agricultural sectors