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Fed s Harker says it will soon be time to begin tapering bond purchases

Fed s Harker says it will soon be time to begin tapering bond purchases
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Fed s Harker says it will soon be time to begin tapering bond purchases

Fed s Harker says it will soon be time to begin tapering bond purchases
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Fed s Harker says it will soon be time to begin tapering bond purchases

Fed s Harker says it will soon be time to begin tapering bond purchases
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Fed s Harker says it s time to think about thinking about tapering | WSAU News/Talk 550 AM · 99 9 FM

Fed’s Harker says it’s time to ‘think about thinking about’ tapering By Syndicated Content By Jonnelle Marte (Reuters) – As the U.S. economy continues to recover from the coronavirus crisis and the labor market rebounds, it may be time for Federal Reserve policymakers to start thinking about the best way to slow the pace of its asset purchases, Philadelphia Fed Bank President Patrick Harker said on Wednesday. “We’re planning to keep the federal funds rate low for long,” Harker said during remarks prepared for a virtual event. “But it may be time to at least think about thinking about tapering our $120 billion in monthly Treasury bond and mortgage-backed securities purchases.”

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