How the Eighth Federal Reserve District Was Formed
A previous blog post explains why St. Louis received a Federal Reserve Bank when the Federal Reserve System was established 100 years ago. In this video, David Wheelock, vice president and deputy director of research for the St. Louis Fed, discusses the formation of the boundaries of the Eighth Federal Reserve District, which is served by the St. Louis Fed. Area business leaders and bankers put considerable effort toward securing the St. Louis Fed a large district.
Additional Resources
- Dialogue with the Fed: The St. Louis Fed at 100: Reflections on the “Maverick” Reserve Bank
- FRASER: Federal Reserve Bank of St. Louis Centennial
- On the Economy: Why St. Louis Received a Federal Reserve Bank
Citation
ldquoHow the Eighth Federal Reserve District Was Formed,rdquo St. Louis Fed On the Economy, June 12, 2014.
This blog offers commentary, analysis and data from our economists and experts. Views expressed are not necessarily those of the St. Louis Fed or Federal Reserve System.
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