• Atlanta Fed president Bostic says it would be reasonable to trim bond purchases in October if U.S. job gains stay strong

Market news

27 tháng 8 2021

Atlanta Fed president Bostic says it would be reasonable to trim bond purchases in October if U.S. job gains stay strong

  • Thinks "substantial progress" benchmark to start bond-buying tapering would be met if August job gains match those in June and July
  • Wants taper process to finish "as quickly as possible" once started
  • Not objected to end tapering in Q1 2022
  • Says outlook for the economy has not been changed in material way by Delta coronavirus variant
  • Foundations of inflation are quite strong; reasonable measures show Fed has already met its goal of 2% inflation on average

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