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MNI BRIEF: Fed's Clarida- 'Quite Some Time' Before QE Taper

(MNI)

Fed Vice Chair Richard Clarida said Friday in response to questions that talk about a taper of QE is premature.

"It will be quite some time before we begin tapering our purchases and I'm quite an optimist on the economic outlook," he said. Sources told MNI earlier this week that the Fed is more likely to expand QE than to scale it back.

MNI Washington Bureau | +1 202 371 2121 | pedro.dacosta@marketnews.com
MNI Washington Bureau | +1 202 371 2121 | pedro.dacosta@marketnews.com

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