Regional Economic Development Update - US Economy and Monetary Policy

In a year of transition, inflation, and market/recession uncertainty many are looking for answers. Join GLI for our last Regional Economic Update presented by PNC, to hear from James "Jim" Bullard president and CEO of the Federal Reserve Bank of St. Louis. In this role, President Bullard oversees the activities of the Eighth Federal Reserve District. He also participates on the Federal Open Market Committee, or FOMC, which sets the direction of U.S. monetary policy. The St. Louis Fed plays a fundamental role in promoting a healthy economy by keeping inflation low and stable, fostering financial system stability, and supporting job creation. The St. Louis Fed is among 12 regional Reserve banks in the Federal Reserve System, the nation’s central bank. The Fed’s decentralized structure ensures the economic conditions of communities and industries from all parts of the country—the voices of Main Street—are taken into account in monetary policy decision-making.