Salem Radio Network News Friday, January 21, 2022


Fed’s Bostic: Eyeing end of Q1 conclusion for bond taper

(Reuters) – Federal Reserve Bank of Atlanta President Raphael Bostic told the Reuters Next conference on Thursday it would be appropriate to conclude the tapering of the central bank’s bond-buying program by the end of the first quarter of 2022.

Bostic also said that if inflation continues to run as high as 4% through next year, that would present a good case for pulling forward interest rate hikes and raising them more than once through the course of 2022.

To watch the Reuters Next conference please register here  

(Reporting by Ann Saphir, Lindsay Dunsmuir and Dan Burns; Editing by Chizu Nomyama)


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Gary Varvel
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