Fed's Bostic: Not my expectation that Fed would need to adjust bond purchases this year

Author: Adam Button | Category: Central Banks

Bostic clearing up earlier comments

Earlier this year some comments from Bostic were interpreted as a hint that he would be willing to taper. That was not exactly what he said but he's out today and making himself a bit more clear.

He adds that the Fed will need to continue to offer and extend support despite a strong baseline outlook and that it's not "eager" to trim stimulus.

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