St. Louis Fed President James Bullard told CNBC on Tuesday that the US economy might come out of the pandemic roaring and added that there is no reason to “get ahead of ourselves” on tapering, as reported by Reuters.
Key quotes
“Benefits of the minimum wage will go to middle-class families with kids.”
“Would like the US minimum wage to be adjusted for different parts of the country.”
Market reaction
The US Dollar Index continues to recover its losses following these remarks and was last seen losing 0.11% on the day at 90.37.
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