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MNI BRIEF: Powell Says Fed Will Discuss Faster Taper in Dec

MNI (Washington)
MNI (WASHINGTON)

Fed Chief says asset purchases could end "a few months sooner."

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The Federal Reserve will consider speeding up the taper of its QE program at its December meeting given strong inflation, growth and employment data.

He told the Senate Banking Committee it is “appropriate to consider wrapping up the taper of our asset purchases, which we actually announced at the November meeting, perhaps a few months sooner."