Fed's Mester: It will take another year or two to get economy back to pre-pandemic

Comments from Mester in a virtual discussion on the economy

I appreciated Bostic's comment yesterday saying there is no a lot of historical precedent to predict post-virus economy. That's a bit more honest. On the other other hand, you could argue the Fed's mandate is to project confidence and boost confidence.

More:

• Still sees long-term US growth potential around 2%.