Bullard: Fed should taper this fall, go "fairly rapidly" to end early 2022

Reuters2021-07-30

WASHINGTON, July 30 (Reuters) - The Federal Reserve should start reducing its $120 billion in monthly bond purchases this fall and cut them "fairly rapidly" so the program ends in the first months of 2022 and paves the way for a rate increase that year if needed, St. Louis Federal Reserve president James Bullard said on Monday.

"This is all about moving the supertanker and nudging the supertanker in the right direction at the right time," Bullard said, arguing that the Fed is not well positioned right now to deal with a persistent inflation shock.

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精彩评论

  • zsnnsndnf
    2021-07-30
    zsnnsndnf
    Interesting
  • ayako
    2021-07-30
    ayako
    Good? 
  • NPC69
    2021-07-30
    NPC69
    Like. 
  • NPC69
    2021-07-30
    NPC69
    Like. 
  • SunnyBoyz
    2021-07-30
    SunnyBoyz
    Yes
  • SandDust
    2021-07-30
    SandDust
    I think too early. Look at China, after initial revenge spending, it quickly slowly down. 
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