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Fed's Bullard sees 'light at the end of the tunnel'

“It seems to me there’s light at the end of the tunnel,” Bullard said to reporters following a presentation to an event hosted by the Bank of Finland. “In terms of being able to see the end of the crisis, that’s very much a realistic view at this point.”

Bullard also said that while some recent economic data has not been as strong as it had been earlier in the fall, nonetheless “so far I think we’re holding up.”

He said he expects the U.S. economy to post above-trend growth in both the fourth quarter and into the first part of 2021.


Source: Economy - investing.com

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