James Bullard, president and chief executive officer of the Federal Reserve Bank of St. Louis, enjoys lunch with MSU President Mark E. Keenum, Provost and Executive Vice President Jerry Gilbert, right, and other members of Keenum's presidential cabinet before giving a speech at a special banking forum on campus Thursday. Bullard discussed recent changes to U.S. monetary policy. He noted that he has an optimistic outlook for the 2013 economy and expects unemployment to continue a downward trend through the year.