Featured Stories

St. Louis Fed President Jim Bullard discussing monetary policy
How might the number of governments in an MSA like St. Louis affect regional economic performance?
Watercolor vintage world map in green colors on paper texture.
Are human and physical capital stocks allocated efficiently across countries? See the latest Review.
Group of Graduates during commencement.
College and postgraduate education may be failing some recent grads as a financial investment.

News & Publications

Young couple with Realtor viewing a spacious living room

St. Louis Fed experts say the post-recession rate may be stabilizing. Our team discusses what that means for renters and the American dream.

Bank Building Old Architecture Midwest Town
Studying how contractual relationships between banks can lead to contagion is difficult, but two new papers can provide insights.

In this podcast, Economist Sungki Hong describes complex product flows and what happens when a “hub” industry contracts.

American flags over gray wall
Our employee resource group discusses challenges veterans may face when re-entering the civilian workforce.
The use of robots in the workplace has grown in recent decades, which raises a question about how this may affect labor demand.

From The President

November 14, 2019

In Louisville, Ky., St. Louis Fed President James Bullard said the Federal Open Market Committee has tried to help insure against the downside risk to the U.S. economy by dramatically altering the path of monetary policy during 2019.

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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