Federal Reserve Bank of St. Louis President James Bullard presented “COVID-19 and the U.S. Economy: Progress on Health and Incomes” via webinar for the Global Interdependence Center (GIC) on Thursday. During his presentation, Bullard said there has been substantial progress in managing the global health crisis. In addition, he noted that U.S. macroeconomic news has surprised dramatically to the upside and that economic activity will likely show outsized growth in the third quarter. “I expect this rebound to continue in the U.S. as businesses learn how to produce products and services safely using simple, existing ... (full story)