Kansas City Fed president George: Criteria for bond taper has been met, case for ongoing monthly purchases has waned

Market news

24 September 2021

Kansas City Fed president George: Criteria for bond taper has been met, case for ongoing monthly purchases has waned

Return to normal should allow continued growth and moderating inflation but some changes from pandemic may persist
Fed will face a complicated discussion about the size of the balance sheet after taper
Impact of balance sheet on longer-term rates will be an influence on Fed decisions about changes to target federal funds rate

U.S. new home sales jump 1.5 percent in August

U.S.: New Home Sales, August 0.74 (forecast 0.714)

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