Bullard: Fed could taper as soon as October

The U.S. Federal Reserve could still scale back its massive bond buying program at an October meeting should data point to a stronger economy, St. Louis Fed President James Bullard said on Friday.

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Bullard: Decision enhanced Fed credibility. Read a commentary piece on why an October taper depends on Congress. Bullard described the decision not to taper in September as "borderline" and.

Bullard said earlier on Friday in an interview with Bloomberg television that the Fed’s policy-setting Federal Open Market Committee could still scale back its massive bond-buying campaign at its next.


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 · St. Louis Federal Reserve President James Bullard says a decision to taper next month is a possibility, though it’s not given. "[Y]ou could argue there’s not going to be all that much information coming in, and maybe the committee will stand pat again in October. But the normal process for monetary policy is you have a meeting for a reason.

Fed's Bullard: Jobless rate to hang around current levels And one that is certainly stuck in the minds of investors attempting to read the tea-leaf comments by federal reserve officials regarding how soon the brake may be applied.. jobs in November after adding a revised 200,000 in October, Yen as Fed’s Bullard Says Taper Odds Rise.

Bullard said that the central bank’s decision to hold steady in September was "close" and that the central bank could taper in October. His comments were greeted with mostly groans. "I think the.

St. Louis Fed President James Bullard said the "taper" could arrive as early as October if the economic data warrants such a move. It would be a minor upset to some strategists, as this blog noted.

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“A strong jobs report, I think, would increase the probability some for a December taper.” Bullard is a voting member of the Fed’s policy-setting committee this year. The central bank at its October.