Fed's Harker says important to talk about tapering sooner ra

Fed's Harker says important to talk about tapering sooner rather than later


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Federal Reserve officials should start talking about the best way to reduce their asset purchases “sooner rather than later,” Philadelphia Fed Bank President Patrick Harker said on Friday.
The U.S. central bank will communicate its plans for slowing its purchases of Treasury bonds and mortgage-backed securities well in advance of it happening, Harker said during a virtual conversation organized by the Washington Post.
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Fed's Harker says important to talk about tapering sooner rather than later Back to video
“It is something that, in my mind, we should start to have a conversation about sooner rather than later,” Harker said.

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