Economics
Fed’s Bullard Breaks With Peers on Fiscal Aid, Says It Can Wait
- ‘You could probably wait,’ St. Louis Fed president says
- Other Fed leaders have said fiscal aid is more urgent
James Bullard
Photographer: Luke MacGregor/BloombergThis article is for subscribers only.
The U.S. economy should continue to recover from the coronavirus-induced recession even if Congress puts off consideration of additional fiscal stimulus to 2021, Federal Reserve Bank of St. Louis President James Bullard said.
“There may be enough resources right now, at least for 2020,” Bullard said Wednesday as part of a virtual question-and-answer period at the Fed’s community banking conference hosted by the St. Louis bank.