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Rural areas face many economic development challenges but also have strengths to draw from.
From The President
St. Louis Fed President James Bullard made the argument for why the Fed’s balance sheet policy may be less important today than it was during the period when quantitative easing was most effective. (See his related On the Economy blog post on March 7.)
FRED® Economic Snapshot
Upcoming Events
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28
MAR
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Economist Don Schlagenhauf will talk to high school and college students and teachers about consumer debt in the area and nationally. |
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10
APR
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Senior economist Paulina Restrepo-Echavarria will explore the subject of capital flows and how they are measured, and examine the impact on deficits and debt levels. |
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11
APR
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Economist Michael McCracken will discuss causes for the ends of expansions at this Breakfast with the Fed event. |
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10
MAY
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Federal Reserve leaders and experts in various fields will speak about supporting middle class attainment at this event. |
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28
MAY
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This event will bring together a variety of Federal Reserve speakers and professors to discuss strategies for improving economic instruction. |
| See All Events |
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.
Mission
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.
Leadership
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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