Fed's Barkin: September guidance that bond buying taper may soon be warranted was advance warning Fed promised

Author: Greg Michalowski | Category: Central Banks

2021 Voting member Fed's Barkin speaking

2021 FOMC voting member Barkin is saying:
  • September gardens that bond buying a taper may soon be warranted, was indeed advance warning that the Fed has promised
  • still have a lot to learn on whether recent inflation levels will be sustained, and how much room to get to maximum employment
  • As Covid 19 hopefully eases, expect answers to become clearer on when economy meets interest rate hike conditions
The comments are congruent with the Fed minutes and also the comments made by Fed officials. The Fed will indeed begin its taper as soon as November. As far as tightening conditions that decision is still up near.
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