Dallas Fed chief wants to talk about tapers

Robert Kaplan
Federal Reserve Bank of Dallas

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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