St. Louis Federal Reserve Bank President James Bullard, one of the most hawkish members of the main bank consideringthat it began it aggressive rate-hiking project, is stepping down
FILE – James Bullard, president of the St. Louis Federal Reserve Bank, gestures throughout an interview on Nov. 19, 2019, in Richmond, Va. Bullard, one of the most hawkish members of the main bank giventhat it began it aggressive rate-hiking project, is stepping down, according to an statement from the bank Thursday, July 13,2023 (AP Photo/Steve Helber, File)
The Associated Press
St. Louis Federal Reserve Bank President James Bullard, one of the most hawkish members of the main bank consideringthat it began it aggressive rate-hiking project, is stepping down.
Bullard is leaving his position as president and CEO of the St. Louis Fed to endedupbeing the inaugural dean of the Mitchell E. Daniels Jr. School of Business at Purdue University next month, the bank revealed Thursday.
While he’ll be offered in an “advisory capability” to the Fed till Aug. 14, Bullard hasactually recused himself from his function on the main bank’s committee that figuresout the instructions of