ST. LOUIS — The board of directors of the Federal Reserve Bank of St. Louis appointed James B. Bullard as the bank's new president/CEO.

The appointment has been approved by the Federal Reserve Board. Bullard will assume the position on April 1, succeeding William Poole who served in the position for ten years.

Bullard has been at the Federal Reserve Board of St. Louis research division for over 18 years. He has also published works on economic policy issues and is an adjunct faculty member and Ph.D. adviser at Washington University in St. Louis.

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"We believe Jim Bullard will make significant and constructive contributions during the economic policy deliberations of the Federal Reserve System and will lead the St. Louis Bank to higher levels of visibility within the Eighth District," said Board Chairman Irl F. Engelhardt.

Bullard started at the research division of the St. Louis Federal Reserve Bank in 1990 and became vice president and deputy director of research for monetary analysis. He is a co-editor of the Journal of Economic Dynamics and Control and a peer reviewer for over two dozen periodicals.

"As the Eighth District charts its course for the future, I plan to focus on a few key areas by building upon the St. Louis Bank's strong economic research tradition; continuing to provide world-class, relevant economic information and education; enhancing the bank's outreach to industry and university economic programs; and gathering and disseminating information used for economic policy decisions," Bullard said.

–lsiegriest@cutimes.com

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