Bank Names President


James B. Bullard has been appointed president and chief executive officer of the Federal Reserve Bank of St. Louis by the Bank's board of directors. Bullard replaces William Poole, who retired March 31.

As the Bank's president and CEO, Bullard directs the activities of the Bank's head office in St. Louis as well as its three branches in Little Rock, Ark.; Louisville, Ky.; and Memphis, Tenn. In addition, he represents the Bank on the Federal Open Market Committee (FOMC), the Federal Reserve's chief monetary policymaking body.

Bullard, 47, previously was deputy director for monetary analysis in the Bank's Research division. He joined the St. Louis Fed in 1990 and took on increasingly responsible roles in the Research department during his 18-year tenure. He has published extensively on economic policy issues and is an adjunct faculty member and Ph.D. adviser at Washington University in St. Louis.

A native of Forest Lake, Minn., Bullard holds a bachelor of science degree in quantitative methods and information systems and economics from St. Cloud State University in St. Cloud, Minn., and a doctorate in economics from Indiana University in Bloomington, Ind. He is a co-editor of the Journal of Economic Dynamics and Control and a peer reviewer for more than two dozen periodicals or institutions.

For more information on Bullard, go to:


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