View full page at cryptocraft.com

 

Fed’s Bullard Says U.S. Has Already Delivered Enough Fiscal Aid

From bnnbloomberg.ca

Federal Reserve Bank of St. Louis President James Bullard said the U.S. economy has enough momentum to continue its recovery from the coronavirus slump even if Congress fails to pass additional taxpayer support. “I don’t think there is as much of an imperative about a new fiscal package as there might have been” in July or August, Bullard said Monday in a Bloomberg Television interview with Kathleen Hays. “It seems like, at least in some broad macroeconomic type of calculation, we have enough resources to cover this.” Bullard’s view contrasts with Fed Chair Jerome Powell, who has urged additional fiscal aid and ... (full story)

Story Stats

  • Posted:
  • Category: Fundamental Analysis