Fed's Bowman says she is 'very comfortable' with November taper

Reuters2021-10-14

Oct 13 (Reuters) - Federal Reserve Governor Michelle Bowman on Wednesday said she would be “very comfortable” with beginning to withdraw some of the U.S. central bank’s crisis-era support for the economy as soon as next month, citing her worries about inflation and asset bubbles.

“I am mindful that the remaining benefits to the economy from our asset purchases are now likely outweighed by the potential costs,” Bowman said in remarks prepared for delivery to South Dakota State University.

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