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- Fed's Bullard: Economy has been very good at adapting to pandemic, think that will continue
Fed's Bullard: Economy has been very good at adapting to pandemic, think that will continue
St Louis Fed President and FOMC voting member in 2022 James Bullard said on Friday that the US economy has been very good at adapting to the pandemic and that he thinks that will continue, according to Reuters. Moreover, the danger is that we will get too much inflation, he added, and that is not the intent of the Fed's new framework. I think we will continue to see a dramatic improvement in the US labour market ahead, he said, adding that he did not think a lower participation rate is a threat to the economy.
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