Regional President Speech

U.S. Economy Booming | James Bullard | St. Louis Fed May 13, 2021 Presentation (pdf) | Press Release During a virtual presentation for the Greater Memphis Chamber’s Chairman’s Circle, St. Louis Fed President James Bullard said that the U.S. economy is poised this quarter to surpass the previous peak in real GDP. He added that the “keep households whole” fiscal strategy has been successful well beyond initial hopes. He also said that the number of unemployed workers per job opening is approaching an all-time low, suggesting an exceptionally strong job market. Regarding inflation, he said that it is likely to be meaningfully above 2% over the forecast horizon. He noted that downside risk remains but is becoming less pronounced. Having trouble with the video? Watch it here. 

James Bullard (2021, May 12). Regional President Speech. Speeches, Federal Reserve. https://whenthefedspeaks.com/doc/regional_speeche_20210513_james_bullard

@misc{wtfs_regional_speeche_20210513_james_bullard,
  author = {James Bullard},
  title = {Regional President Speech},
  year = {2021},
  month = {May},
  howpublished = {Speeches, Federal Reserve},
  url = {https://whenthefedspeaks.com/doc/regional_speeche_20210513_james_bullard},
  note = {Retrieved via When the Fed Speaks corpus}
}