Featured Stories

Bar chart showing median wealth by ethnicity
Self-identifying as white race buoyed the median wealth of Hispanic or Latino (ethnicity) families.
Read President Bullard's statement and our latest research.
Economist Charles Gascon speaks at a recent Dialogue with the Fed
Is the pandemic creating a new normal? Join us Sept. 24 for a virtual presentation and Q&A.

News & Publications

audit

Government regulators often rely on third-party auditors in the banking industry. Does their work justify the costs?

National Economic Association president Nina Banks discusses her new book and research on community activism by marginalized women.

A mother helps her children put on protective masks before they leave the house to attend school.

Families in the Eighth District states are already struggling because of the pandemic. Until COVID-19 is reined in, the economic effects will likely endure.

We believe the Federal Reserve most effectively serves the public by building a more diverse and inclusive economy.

Real Gross Domestic Product
Interactive charts feature key U.S. economic indicators that update automatically.

From St. Louis Fed President Jim Bullard

August 27, 2021

St. Louis Fed President James Bullard discussed his inflation outlook and preference for tapering the Fed’s asset purchases starting now and finishing by the end of the first quarter during interviews with CNBC (on Aug. 26) and Bloomberg TV and Fox Business (both on Aug. 27).

FRED® Economic Snapshot

Who We Are

Decentralized
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.

Our
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.

Our
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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