Fed's Harker says FOMC should start tapering soon, hopefully this year

Author: Eamonn Sheridan | Category: Central Banks

Patrick Harker, president and CEO of the Federal Reserve Bank of Philadelphia, in an interview with the Nikkei:

  • I am supportive of moving toward a tapering process sooner rather than later. When exactly that happens, the committee needs to decide. I would hope sometime this year we would be able to start the tapering process.
Harker said it would be inappropriate for him to comment when asked about the FOMC making an announcement at the forthcoming meeting (September 20 & 21) 

Old pic, JH was 'virtual' this year: 
Patrick Harker, president and CEO of the Federal Reserve Bank of Philadelphia, in an interview with the Nikkei:

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