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Inflation Nation: Fed's Harker Says Its Time to Talk About Tapering Bond-Buying


Inflation Nation: Fed’s Harker Says Its Time to Talk About Tapering Bond-Buying
BRENDAN SMIALOWSKI/AFP/Getty Images
2 Jun 2021
Federal Reserve Bank of Philadelphia chief Patrick Harker on Wednesday said it is time for central bank officials to begin talking about scaling back its massive bond purchase program, going further than he has in earlier remarks and further than other Fed officials.
Fed policymakers agreed in April to keep purchasing $120 billion in bonds a month to support the economy and the flow of credit to businesses and households. At the time, Fed chair Jerome Powell said it was not time to begin “talking about talking about” reducing or tapering the bond purchases. ....

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MSNBC Deadline White House June 4, 2024 21:17:00

Brings the democratic caucus to a place that they pass the for the people act. how they do that with respect to changes or reformingçó the rule i ll leave to them. point.sfá certainly an importan- i appreciate your candor and yoáki%qe on that./5 abandoning the filibuster to stack the courts was the notc individually, no. like i said, i can say behalf it was publicly reported already, but i addressed the caucus, but not youu ....

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BBCNEWS BBC News June 1, 2021 14:07:00

Was allowed again in england. some doctors, though, are very wary about the next and final stage of unlocking, currently planned for 21stjune. at the moment, the data does suggest that we need to be cautious, qe mustn t lose all the gains that we ve made in the few months by a premature and hasty, non evidence based loosening of restrictions. overall, though, the data shows that cases across the uk are still along way below the levels seen in january. more recently, infections have been starting to rise in areas like the north west of england, hit hardest by the new variant first discovered in india. the idea that somehow thejob is done is wrong. we ve still got a lot of people out there who have neither had this virus infection nor yet been immunised, and that s why we re in a vulnerable position right now. i know a lot of people don t want to hear that but that is the situation we re in. ....

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