St. Louis Fed's Bullard Addresses the Road to Economic Recovery

LONDON, May 25 /PRNewswire/ -- St. Louis Fed President James Bullard spoke today before the European Economics and Financial Centre's Distinguished Speaker Seminar held at the Palace of Westminster. The text of his speech, "The Road to Economic Recovery Following the Financial Crisis," is available at http://www.stlouisfed.org/newsroom/speeches/2010_05_25.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