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The Federal Reserve Bank of St. Louis is one of 12 regional Reserve Banks that, along with the Board of Governors in Washington, D.C., make up the United States' central bank. Missouri is the only state to have two main Federal Reserve Banks (Kansas City also has a bank). [2]
James Brian Bullard (born February 28, 1961) [ 1] is the former chief executive officer and 12th president of the Federal Reserve Bank of St. Louis, a position he held from 2008 [ 2] until August 14, 2023. [ 3] In July 2023, he was named dean of the Mitchell E. Daniels Jr. School of Business at Purdue University.
The Federal Reserve Bank of St. Louis announced Thursday that its president, James Bullard, has stepped down from his role and will leave the bank on August 14. Bullard will take a position as the ...
Federal Reserve Economic Data ( FRED) is a database maintained by the Research division of the Federal Reserve Bank of St. Louis that has more than 816,000 economic time series from various sources. [ 1] They cover banking, business/fiscal, consumer price indexes, employment and population, exchange rates, gross domestic product, interest rates ...
Called the Fed rate, this rate is the benchmark that influences what U.S. banks charge to borrow money and lend money to one another — and the interest rates you’re offered on deposit accounts ...
Since 1989, more than 51 million jobs have been created in the U.S., according to data from the Federal Reserve Bank of St. Louis. That data, examining total non-farm workers, shows about 50 ...
The Federal Reserve Banks are the most recent institutions that the United States government has created to provide functions of a central bank. Prior institutions have included the First (1791–1811) and Second (1818–1824) Banks of the United States, the Independent Treasury (1846–1920) and the National Banking System (1863–1935).
The board of governors is one of three key pillars making up the broader Federal Reserve System, along with the 12 regional reserve bank presidents and the Federal Open Market Committee (FOMC).