A summary of Fed commentary so far on the week

Author: Justin Low | Category: Central Banks

Fed officials continue to make the case for tapering by year-end

Fed
As mentioned at the start of the week, the US non-farm payrolls miss may put a dent on Fed taper expectations but it isn't going to derail plans by the central bank itself to pursue discussions later in the month and taper by year-end.

At the moment, inflation is presenting a problem to policymakers and they want flexibility in dealing with that. And tapering is but the first step to try and gain that flexibility.

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Later today, we'll be getting more Fed speakers with Daly, Evans, Kaplan, Bowman, Williams, Kashkari, and Rosengren set to speak.

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