Kansas City Fed president George: Fed should begin decreasing bond purchases this year - Fox Business

Market news

26 August 2021

Kansas City Fed president George: Fed should begin decreasing bond purchases this year - Fox Business

It is time to start altering Fed accommodation
There has been good progress on the economy, inflation is coming in strong; that suggests opportunity to dial back asset purchases
Communication in September meeting will reflect discussions on taper
Less precise about dates than saying sooner rather than later; outlook suggest Fed can begin to make adjustments this year

ECB Monetary Policy Meeting Accounts: The need to revise forward guidance on interest rates was emphasised

European session review: USD little changed ahead of Fed’s summit

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