Market news
26.08.2021, 12:00

Kansas City Fed president George: Fed should begin decreasing bond purchases this year - Fox Business

  • It is time to start altering Fed accommodation
  • There has been good progress on the economy, inflation is coming in strong; that suggests opportunity to dial back asset purchases
  • Communication in September meeting will reflect discussions on taper
  • Less precise about dates than saying sooner rather than later; outlook suggest Fed can begin to make adjustments this year


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