Fed's George: Criteria for bond taper has been met

Author: Adam Button | Category: Central Banks

Comments from the KC Fed President

  • Return to normal should allow continued growth and moderating inflation but some changes from pandemic may persist
  • Fed will face a complicated discussion about the size of the balance sheet after taper
George is a voter next year and is taking a more hawkish stance. You can see confidence in the 'transitory' inflation narrative waning.

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