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12/21/22, 5:45 PM

The Pandemic Endgame Continues | James Bullard | St. Louis Fed

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The Pandemic Endgame Continues
February 3, 2021
Presentation (pdf) | Press Release
During a virtual presentation to the CFA Society St. Louis, Federal Reserve Bank of St. Louis
President James Bullard said that the COVID-19 pandemic remains intense in the U.S. and
Europe, but the arrival of vaccines suggests the health crisis will wane in the months ahead.
He also discussed U.S. monetary and fiscal policies during the crisis, noting that they continue
to be exceptionally effective in mitigating macroeconomic damage. Macroeconomic forecasts
suggest very strong U.S. real GDP growth for all of 2021, he noted.
But he cautioned that downside risk remains, and continued execution of a granular, riskbased health policy will be critical to maintain economic momentum.

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12/21/22, 5:45 PM

The Pandemic Endgame Continues | James Bullard | St. Louis Fed

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