For Fed taper, forget when it starts. The end matters more

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By Liz Capo McCormick These days, all the talk in financial markets is about when the Federal Reserve will start paring its debt purchases. What’s more important, for everything from stocks to bonds to currencies, is when they will end. There have been few major moves ahead of the Kansas Fed’s virtual Jackson Hole symposium, … Read more

Key Fed official sees rates liftoff in 2023 as policy debate heats up

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WASHINGTON: The contours of debate within the U.S. central bank over when to dial back support for the economy burst into the open on Wednesday as a key architect of the Federal Reserve‘s new policy strategy said he feels the conditions for raising interest rates could be met by the end of 2022. “Commencing policy … Read more