- St. Louis Fed president Bullard: Investment will pick up substantially as vaccine nears, the probability rises pandemic will end
Market news
13 November 2020
St. Louis Fed president Bullard: Investment will pick up substantially as vaccine nears, the probability rises pandemic will end
- Fed's current pace of asset purchases has been effective and its monetary policy is in very good place
- Even if Fed's emergency programs are shut down at the end of year, markets would know they can be reopened, trust the Fed's willingness to act as a backstop
- Fed is still not thinking about thinking about raising interest rates, still a long climb for the economy
- Financial stability is not a key concern in midst of the pandemic
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