Comments from Bullard:
- Inflation expectations have recovered from 2020 lows
- Downside risks remain, cites virus mutations
- Job-market recovery is 4 years ahead of last recession
- Virus mutation that defeats vaccine 'a tangible risk' to positive scenario
- Sees 'very strong' US GDP growth in 2021 as pandemic eases over the first half of the year
There's nothing particularly insightful here.
Update: Bullard says QE is having the desired effect and that there is "a ways to go" before any discussion of changing it.
