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Fed’s Bostic Wants to Accelerate Pace of Bond Buying Taper
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Federal Reserve Bank of Atlanta President Raphael Bostic said Thursday he would like to get the Federal Reserve in position to raise its short-term interest rate target next year if inflation pressures don’t retreat from currently high levels.
To get there, the Fed should accelerate the pace of its drawdown, or tapering, of its monthly purchases of Treasury and mortgage bonds, he said.
“The...
Read more on wsj.comAbout this in other media
Post-Fed Bitcoin and Ethereum Rally Pauses, SOL Accelerates cryptonews.com /2 years ago
Fed will aggressively dial back its monthly bond buying, sees three rate hikes next year cnbc.com /2 years ago
U.K. Inflation Accelerates at Fastest Pace in a Decade wsj.com /2 years ago
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