- St. Louis Fed president Bullard: We’re in very good position to start a taper - WSJ
Market news
13 July 2021
St. Louis Fed president Bullard: We’re in very good position to start a taper - WSJ
- I think with economy growing at 7% and pandemic coming under better and better control, I think time is right to pull back emergency measures
- We do want to do it gently and carefully
- I think we’re in very good position to start a taper; I don’t need to get going tomorrow, but I think we’re in very good shape for this
- Says he does not believe the housing sector is in bubble and wants to ensure it stays out of trouble
- Does not expect Fed funds rate to be hiked until late 2022
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