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Lockhart Says QE Taper Possible at Any of Next Three Meetings

The Federal Reserve could begin reducing its bond-buying stimulus as early as its September meeting despite inflation being below target, Atlanta Fed President Dennis Lockhart said on Tuesday.

U.S. economic performance remains too mixed for Federal Reserve policymakers to lay out a detailed path for reducing and eventually halting their asset-purchasing program next month, Lockhart said.

via www.moneynews.com

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