Bullard: The Pandemic Endgame Continues

Federal Reserve Bank of St. Louis President James Bullard presented “The Pandemic Endgame Continues” via webinar for the CFA Society St. Louis on Wednesday. During his presentation, Bullard said the COVID-19 pandemic remains intense in the U.S. and Europe, but the arrival of vaccines suggests the health crisis will wane in the months ahead. In addition, he said, “U.S. monetary and fiscal policies continue to be exceptionally effective in mitigating macroeconomic damage.” Macroeconomic forecasts, he noted, suggest very strong U.S. real GDP growth for all of 2021. “Downside risk remains, and continued … (full story)

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