Fed's Barkin: US economy may be on the brink of full recovery

“With the most recent $1.9 trillion stimulus bill, economy 'has come most of the way back,” Richmond Federal Reserve (Fed) President Thomas Barkin said while speaking from remarks prepared for a conference in Asia.

Additional comments

“Focus now should be on groups of workers facing longer-term displacement, such as parents forced to leave the labour market.”

“US may be 'on the brink' of complete recovery.”

“Policy after the pandemic should let markets work, and not hinder creation of new businesses to protect existing ones.”