Home / Market Update / Forex Market / Bullard Sees US Unemployment at 8-7% in 2020

Bullard Sees US Unemployment at 8-7% in 2020

President of the Saint Louis Federal Reserve Bank, James Bullard, expects unemployment in the United States to fall below 8% or 7% by the end of 2020, from a current 11%.

Bullard also said in a CNBC intaerview on Wednesday that he is optimistic about the economic recovery.

Check Also

Yen Soars as Powell’s Remarks Spur Rate Cut Bets

The Japanese yen advanced sharply against the US dollar on Friday, as Federal Reserve Chair …