March 27, 2020
St. Louis Fed President James Bullard shared his views on U.S. monetary and fiscal policymakers’ responses to the coronavirus pandemic and the partial shutdown of the economy. “I think we’ve got a lot of good things going on in terms of the policy response to this crisis,” he said during an interview with Jeremy Siegel and Jeremy Schwartz on Wharton Business Radio.
Now the policy programs have to be executed to keep businesses and people whole through the shutdown, Bullard said. “There’s every hope that we can come out on the other side, turn the factories back on, go back to work with a healthy workforce, and everything will be fine,” he said. “That’s what we’re shooting for here.”
During the interview, Bullard also discussed his outlook for the U.S. economy in the upcoming quarters. See his March 23 blog post, “Expected U.S. Macroeconomic Performance during the Pandemic Adjustment Period,” for more information.
This content originally aired on Wharton Business Radio, Channel 132 on SiriusXM.