Powell speech: Fed can speed up or slow down taper if it becomes appropriate
newscatcher
2021-09-22 19:30
Powell speech: Fed can speed up or slow down taper if it becomes appropriate
Following the Federal Open Market Committee's (FOMC) decision to keep the policy rate unchanged within the target range of 0-0.25%, Jerome Powell, Chair of the Board of Governors of the Federal Reserve System, is delivering his comments on the policy outlook. "Fed can certainly speed up or slow down taper if it becomes appropriate." "Economy is much farther along than when we tapered in 2013." "Taper will be gradual." "Inflation expectations are terribly important, if they moved up measurably Fed would react.

https://www.fxstreet.com/news/powell-speech-fed-can-speed-up-or-slow-down-taper-if-it-becomes-appropriate-202109221923

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