Friday, December 12, 2025 | 08:46 PM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Federal Reserve policymakers hone in on November taper timeline

Earlier on Tuesday, Atlanta Fed President Rafael Bostic said last month's jobs report displayed sufficient progress and endorsed a November start

Federal Reserve Board building on Constitution Avenue is pictured in Washington. Photo: Reuters
premium

The Fed has been buying $120 billion of Treasuries and housing-backed securities a month as part of its emergency response to the Covid-19 pandemic. Photo: Reuters

Lindsay Dunsmuir & Ann Saphir | Reuters
Two US Federal Reserve policymakers on Tuesday said that the central bank has kept pace with a planned move to reduce its bond buying program, cementing expectations the Fed will start withdrawing its crisis-era stimulus as soon as next month.

"I myself believe that the 'substantial further progress' standard has more than been met with regard to our price-stability mandate and has all but been met with regard to our employment mandate," Fed Vice Chair Richard Clarida said in prepared remarks to the Institute of International Finance virtual annual meeting, as he repeated that the Fed at its last meeting agreed