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

GBP/USD Dips Below 1.33 as U.S. Consumer Gloom and Inflation Fears Bolster Dollar

The GBP/USD currency pair slipped below the 1.33 mark, ending the week with a modest …