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Fed's George: Criteria for substantial further progress have been met; Return to historical spend to ease prices
#FED GEORGE: CRITERIA FOR SUBSTANTIAL FURTHER PROGRESS HAVE BEEN MET - BBG
— Christophe Barraud (@C_Barraud) September 24, 2021
*GEORGE: RETURN TO HISTORICAL SPEND TO EASE PRICES, HELP GROWTH
*GEORGE: ASSET-BUY EFFECTS COMPLICATE JUDGING RATE-INCREASE TASK
Added at 10:07am
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Fed's George: Criteria For Taper Has Been Met, Case For Ongoing Monthly Purchases ‘Has Waned’
— LiveSquawk (@LiveSquawk) September 24, 2021
Added at 10:15am
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Kansas City Fed President Esther George says:
— DailyFX Team Live (@DailyFXTeam) September 24, 2021
- The labor market friction is fading barring a resurgence of virus
- A 'normal' economy is likely to remain elusive for some time
- Asset buying effects complicate the judging rate change plan