Fed’s Fisher supports tapering QE ‘sooner rather than later’

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No surprise from one of the most hawkish Fed members but his follow up comment is a bit more interesting — he says the Fed will eventually need to taper of QE, not halt it outright. He also wants to start the taper this year ‘provided the economy keeps improving’.

IF the hawks aren’t even daydreaming about ending the program, QE will continue for a long time.

He spoke in an interview with Reuters.

Author: Adam Button

Adam Button is the managing editor of ForexLive™. He was previously the chief currency strategist at XForex and has also worked with Intermarket Strategy. Adam believes there's an edge in knowing every tidbit of news. He was formerly the head of the markets team at the Canadian Economic Press and is a graduate of Ryerson University. Adam lives in Montreal, follow him on Twitter: @FX_Button.


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  1. ‘provided the economy keeps improving’

    the latest figures ain’t very encouraging so i hope the big guns take special note of the phrase and getting all too jumpy and start buying up the dollar!

  2. Markets don’t like that kind of talk… lol

  3. Agreed Adam
    Since the economy would take time to recover, so QE would last a very long time.
    FOMC took a deep consideration to pass the QE, it would not be so easy to reverse in a short time.


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