Many believe that the Federal Reserve System, under Jerome Powell’s Chairmanship, is the institution that has provided this country’s most decisive, timely and boldly pro-active measures to mitigate the devastating effects of the unprecedented shutdown of the U.S. and global economies. James “Jim" Bullard, highly respected leader of the St. Louis Fed, has played a vital role in explaining the Fed’s actions and interpreting the signals that key economic  indicators are sending us “real time” revealing how quickly our economy will snap back (or not) from job losses, unemployment, reduced spending, and severe damage to especially vulnerable sectors of the economy.