San Francisco Fed president predicts mid-year asset purchase slowdown


The Federal Reserve could end its asset purchase programme later this year when evidence of a "sustained, ongoing improvement" in the labour market and economy surfaces, according to John Williams, the Federal Reserve Bank of San Francisco president.

Williams told an audience in Los Angeles that he was hopeful the economy had "finally shifted into higher gear", and forecast growth of 2.5% in 2013 and 3.25% in 2014.

For the time being, he believes the benefits of the Fed's asset purchases will

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account