Fed's Bullard says US economy to grow beyond the pre-pandemic level of output by the end of June

President of the Atlanta Federal Reserve branch James Bullard

• US to move from "recovery" to "expansion" by end of June, surpass pre-pandemic level of output
• fiscal policy to sustain households worked "well beyond initial hopes"
• low ratio of unemployed to job openings means labour market tighter than headline payroll, unemployed levels indicate