Dallas Fed chief wants to talk about tapers
Comments may indicate split at Fed, though FOMC remains committed to asset purchases
Dallas Fed president Robert Kaplan has said it “would be appropriate for us to start talking about adjusting” the Federal Reserve’s quantitative easing programme “at the earliest opportunity”, in a notable break with the Fed’s official stance.
Kaplan made the comments on April 30, two days after the Federal Open Market Committee decided to maintain asset purchases at their current rate.
The Federal Reserve has been purchasing $120 billion a month in assets since March 2020. Of these, $80
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