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