Bullard: Taper possible in October

Sept. 20, 2013, 8:02 a.m. EDT

By Saumya Vaishampayan

NEW YORK (MarketWatch) -- The Federal Reserve could begin to slow asset purchases at its October meeting depending on economic data, said St. Louis Fed President James Bullard Friday on Bloomberg Television. "October is a live meeting," he said. "This was a close decision here in September, so it's possible you get some data that change the complexion of outlook and make the committee be comfortable with a small taper in October."

 

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