HONG KONG, June 15 /PRNewswire/ -- St. Louis Fed President James Bullard spoke today before an Institute of Regulation and Risk North Asia event held at the Conrad Hotel in Hong Kong. The text of his speech, "The Global Recovery and Monetary Policy," is available at http://www.stlouisfed.org/newsroom/speeches/2010_06_15.cfm.
With branches in Little Rock, Louisville and Memphis, the Federal Reserve Bank of St. Louis serves the Eighth Federal Reserve District, which includes all of Arkansas, eastern Missouri, southern Indiana, southern Illinois, western Kentucky, western Tennessee and northern Mississippi. The St. Louis Fed is one of 12 regional Reserve banks that, along with the Board of Governors in Washington, D.C., comprise the Federal Reserve System. As the nation's central bank, the Federal Reserve System formulates U.S. monetary policy, regulates state-chartered member banks and bank holding companies, provides payment services to financial institutions and the U.S. government, and promotes community development and financial education.
SOURCE Federal Reserve Bank of St. Louis