Comments from the Dallas Fed President

  • Wisest thing now is to let economy unfold, be patient, don't prejudge
  • On any change to asset purchases, will want to see real evidence we have weathered pandemic
  • We will probably see peak oil-demand in the not-too-distant future
  • Gamestop doesn't seem to present systemic risk, monitoring it very closely
  • US may recover more quickly from this downturn versus 2008
  • Need to be aggressive in fiscal and monetary policy action