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12/21/22, 5:45 PM The Waning Pandemic and the U.S. Economy | James Bullard | St. Louis Fed Home > Latest from President Bullard > Speeches, Presentations and Commentary From the President The Waning Pandemic and the U.S. Economy February 25, 2021 Presentation (pdf) | Press Release During a virtual presentation for Georgia State University’s Economic Forecasting Center, St. Louis Fed President James Bullard said that the COVID-19 pandemic’s intensity has moderated in the U.S. and Europe in recent weeks, and ongoing vaccinations suggest the health crisis will wane in the months ahead. He said that U.S. monetary and fiscal policies during the crisis continue to be exceptionally effective in mitigating macroeconomic damage. He noted that forecasts suggest very strong U.S. real GDP growth for 2021. But he cautioned that downside risk remains, and continued execution of a granular, risk-based health policy will be critical to maintain economic momentum. FOLLOW US SIGN UP FOR EMAIL ALERTS Receive updates in your inbox as soon as new content is published on our website SIGN UP QUICK LINKS About Us https://www.stlouisfed.org/from-the-president/speeches-and-presentations/2021/the-waning-pandemic-and-the-us-economy 1/2 12/21/22, 5:45 PM The Waning Pandemic and the U.S. Economy | James Bullard | St. Louis Fed Legal Information Contact Us Privacy Policy Careers Doing Business with the Fed Events Federal Reserve Services Visiting the St. Louis Fed Federal Banking Regulations https://www.stlouisfed.org/from-the-president/speeches-and-presentations/2021/the-waning-pandemic-and-the-us-economy 2/2
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