Atlanta Fed President Raphael Bostic said in a Reuters interview he’s “hopeful” that moving into 2021, “signals for weakness start to dissipate and the conversation turns consistently and robustly to sort of steady and broad-based growth.”
“If we determine things have strengthened appreciably, that we have made significant progress, then we will think about the next appropriate action,” he added.
That is, if enough progress were made, Fed could start to bring its asset holdings back to a level “more inline” with the pre-pandemic levels. “I am hopeful that in fairly short order we can start to recalibrate.”
