By Michael S. Derby NEW YORK (Reuters) - The Federal Reserve Bank of St. Louis on Monday said it has formally launched a search to replace former ...
STORY CONTINUES BELOW THESE SALTWIRE VIDEOSBy Michael S. Derby
NEW YORK - The Federal Reserve Bank of St. Louis on Monday said it has formally launched a search to replace former leader James Bullard, who left the bank earlier this month. Jim McKelvey, who is the chairman of the St. Louis Fed board of directors and will head the search committee, in a press release said the effort to find a successor"will be robust, transparent, fair and inclusive."
Bullard, who had been the longest-serving Fed policymaker, left the St. Louis Fed to become a business school dean at Purdue University
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Futures edge higher as focus shifts to inflation, jobs dataStocks ended a volatile session higher on Friday after Fed Chair Jerome Powell at the Jackson Hole meet said the U.S. central bank may need to raise interest rates further to ensure inflation is contained. The personal consumption expenditures price index, the Fed's preferred inflation gauge, is set to be released on Thursday and the non-farm pay rolls data is due on Friday. 'While our base case is that the Fed has already reached the end of its tightening cycle, views on the Fed could continue to shift in response to data over coming weeks,' Mark Haefele, chief investment officer at UBS Global Wealth Management, said.
Read more »
Aaron Nola, Kyle Schwarber lead Philadelphia Phillies to a three-game sweep of St. Louis CardinalsAaron Nola allowed one hit and struck out nine in seven sharp innings, Kyle Schwarber homered and the NL wild-card leading Philadelphia Phillies completed a three-game sweep of the St. Louis Cardinals with a 3-0 victory Sunday.
Read more »
Layne MacGillivray caps 'amazing year' with top chuckwagon racing prize at Century DownsStar driver adds Winners’ Zone Championship Dash title to World Finals aggregate and Rangeland Derby triumphs.
Read more »
PHOTO: Parade through Louisbourg for Fête de Saint-LouisThe historical animators at the Fortress of Louisbourg parade through the streets for the annual Fête de Saint-Louis celebration. Started in what was then ...
Read more »
Junkiest Debt Rallies as Investors Brush Off Fed(Bloomberg) -- Credit investors have decided that they’re more than willing to fight the Federal Reserve as the central bank vows to keep rates high. Most Read from BloombergSpaceX Blast Left Officials in Disbelief Over Environmental DamageTesla Investors to Get $12,000 Each From Musk’s SEC DealPowell Signals Fed Will Raise Rates If Needed, Keep Them HighFIFA Suspends Spanish Football Chief Over World Cup KissAfter 15 Years, a New Private Jet Is America’s Most PopularTotal returns from leveraged
Read more »
GARRIOCH: Michael Andlauer approved by NHL's executive committee to buy Ottawa SenatorsMichael Andlauer has cleared another hurdle in the purchase of the Ottawa Senators and is closing in on officially becoming the new owner. League ...
Read more »