Fed's Bullard says US economy to grow beyond the pre-pandemic level of output by the end of June

Author: Eamonn Sheridan | Category: Central Banks

President of the Atlanta Federal Reserve branch James Bullard 

  • US to move from "recovery" to "expansion" by end of June, surpass pre-pandemic level of output
  • fiscal policy to sustain households worked "well beyond initial hopes"
  • low ratio of unemployed to job openings means labour market tighter than headline payroll, unemployed levels indicate

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