Featured Stories

Medical technology concept
Page One Economics: Lawmakers face the question of whether more expansive coverage drives up costs.
The FOMC voted to lower the target range to 1.75%-2.00% in a 7-3 vote. St. Louis Fed President Jim Bullard dissented.
Bank in Vietnam
Analyzing cross-country data sheds light on the link between finance and economic development.

News & Publications

Father and son picture, circa 1979, with the author and his dad wearing dress suits

Being the first in your family to get a degree is a huge feat. But America’s share of first-generation college graduates is declining. What can be done to help?

In designing policies to improve the credit market for students, researchers should consider the sources of differences in student debt accumulation.
Intellectual property rights protection is key to promoting international technology transfer.
U.S. Bankruptcy Court exterior sign

One is known as reorganization; the other is liquidation. Here’s a brief comparison, along with bankruptcy trends.

Her dad’s creativity and a teacher’s real-world applications of economics drew Lucia Foster into the profession.

From The President

September 20, 2019

St. Louis Fed President James Bullard discusses why he cast a dissenting vote at the FOMC’s September meeting.

FRED® Economic Snapshot

Who We Are

by Design

The Federal Reserve is a central bank system that includes the Board of Governors in Washington, D.C., and 12 independent regional Reserve banks.

This decentralized structure ensures that the economic conditions of all areas of the country are taken into account in the making of monetary policy.

Learn more about the importance of the Fed’s regional structure.


The Federal Reserve promotes a healthy economy and financial stability by:

  • Pursuing maximum employment, stable prices and moderate long-term interest rates
  • Ensuring safety and soundness of the nation's banks and financial system and protecting consumer credit rights
  • Maintaining stability of the financial system and containing systemic risk
  • Providing services to depository institutions, the U.S. government and foreign official institutions

Learn more about what we do.


The St. Louis Fed is overseen by a board of nine independent directors who are familiar with economic and credit conditions in the Eighth District.

The Bank's president, first vice president and a team of officers manage the Bank's day-to-day operations. The Management Committee is the central policymaking body of the Bank.

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