Dennis Lockhart: Fed Could Taper in September

Dennis Lockhart: Fed Could Taper in September

Atlanta Federal Reserve Bank President Dennis Lockhart spoke with FOX Business Network’s (FBN) Peter Barnes about quantitative easing and tapering the Federal Reserve’s bond-buying program. Lockhart discussed when tapering might begin, saying, “I wouldn’t rule out September” and that “between now and September 18, we will not have a lot of new information.” Dennis Lockhart went on to say that the economy “will continue on this sort of moderate growth path.”

Play Quizzes 4

Dennis Lockhart: Fed Could Taper in September

Excerpts from the report are below.

This Too Value Fund Explains Why Turkey Is Ripe For Investment Right Now

TurkeyThe Talas Turkey Value Fund returned 9.5% net for the first quarter on a concentrated portfolio in which 93% of its capital is invested in 14 holdings. The MSCI Turkey Index returned 13.1% for the first quarter, while the MSCI All-Country ex-USA was down 5.4%. Background of the Talas Turkey Value Fund Since its inception Read More

Dennis Lockhart On whether the economy is strong enough to begin tapering:

“The outlook that I have in mind is that the economy will improve a little bit in the second half, will continue on this sort of moderate growth path, the inflation numbers will begin to edge toward our target of 2% and move up gradually, unemployment will come down, the jobs picture will continue to produce net jobs of 175 to 200 per month–if that outlook holds, then I think we can consider beginning to wean the economy from quantitative easing.”

Dennis Lockhart On when tapering might begin:

“I’m not hung up on any particular meeting. I wouldn’t rule out September as the meeting, but it could be later. One thing to keep in mind is between now and September 18, we will not have a lot of new information, so it depends I think for an individual policy maker how you’re actually building your case. Looking at it from my perspective. I’m looking at the incoming data as either undermining or supporting my view of the outlook. Therefore, it is not quite as high a bar as having to build a case from scratch for doing this.”

Updated on

Sheeraz is our COO (Chief - Operations), his primary duty is curating and editing of ValueWalk. He is main reason behind the rapid growth of the business. Sheeraz previously ran a taxation firm. He is an expert in technology, he has over 5.5 years of design, development and roll-out experience for SEO and SEM. - Email: sraza(at)
Previous article Fukushima’s Radioactive Water May Be Seeping Into The Pacific
Next article Fort Hood Killer Nidal Hasan Guilty Of All Charges

No posts to display