St. Louis Fed’s president named
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James Bullard will take over as president of the St. Louis Federal Reserve Bank on Tuesday, succeeding William Poole, who is retiring, the bank said.
Bullard, 47, is vice president and deputy director of research for monetary analysis at the regional Fed bank and has been with its research department for more than 18 years.
His appointment as Poole’s successor was approved by the Fed’s Board of Governors, the bank said. Like Poole, he will not have a vote on the Fed’s policymaking Federal Open Market Committee this year. The St. Louis Fed’s president is scheduled to become a voting member in 2010.
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