FILE PHOTO: St. Louis Federal Reserve Bank President James Bullard speaks at a public lecture in Singapore October 8, 2018. REUTERS/Edgar Su/File Photo

WASHINGTON (Reuters) – A top official at the U.S. Federal Reserve said on Sunday the $2.3 trillion economic relief bill approved by Congress was appropriately sized and that a further relief effort may not be needed if support efforts are well executed.

“I felt like this one was well-sized for the situation,” St. Louis Federal Reserve Bank President James Bullard told CBS’ “Face the Nation” when asked if further legislation would be needed.

Reporting by Tim Ahmann; Editing by Nick Zieminski

Articles You May Like

Exclusive: Brazil’s Embraer draws foreign interest after Boeing rift – sources
Elliott ends Busch’s Truck Series dominance
‘No masks, no gloves’: Kenyan government under fire over quarantine centres
Four Minneapolis policemen fired after death of unarmed black man
S&P 500 rises on economic recovery and vaccine hopes, pulls back from highs

Leave a Reply

Your email address will not be published. Required fields are marked *