"Alberto Musalem Succeeds James Bullard as St. Louis Fed President"

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Source: CNN
"Alberto Musalem Succeeds James Bullard as St. Louis Fed President"
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TL;DR Summary

Alberto Musalem has been appointed as the new president and CEO of the Federal Reserve Bank of St. Louis, succeeding James Bullard. Musalem, a seasoned economist with a background at the New York Fed and in asset management, will start on April 2 and serve the remainder of Bullard's term until February 2026. His appointment continues the recent changes in the Fed's policymaking body, and while he won't be a voting member until 2025, his views on monetary policy will become more evident through his public engagements.

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