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

Sep.21 — Federal Reserve Bank of St. Louis President James Bullard says the U.S. economy has enough momentum to continue its recovery from the coronavirus slump even if Congress fails to pass additional taxpayer support. Bullard also says he supported last week’s strengthened forward guidance: the Fed said it expects to hold interest rates near zero until the labor market has reached maximum employment and inflation has hit 2% and is on track to moderately exceed that for some time. Bullard speaks with Kathleen Hays on "Bloomberg Daybreak: Australia." (Full interview)

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