Fed’s Evans: Taper may be delayed until early 2014

By Greg Robb, MarketWatch

WASHINGTON (MarketWatch) — There is a chance that the Federal Reserve will not move to scale back its bond-buying program until early 2014, a key central bank official suggested Friday.

Charles Evans, president of the Chicago Federal Reserve Bank, told reporters after a speech in Oslo that there is “a decent chance” central bankers would have enough confidence in a strong economy to begin to pull back, or taper, bond buys at one of two remaining meetings this year: in late October or December

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