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Fed Bostic: Recent weaker data suggests a chance for some play on tapering

Atlanta President Raphael Bostic “as strong as the data was coming in the early part of the summer, I was really very much leaning into advocating for an earlier start than what many may have expected”.

However, “the weaker data that we’ve seen more recently suggests to me that maybe there’s a chance for some play on this, but I still think that sometime this year is going to be appropriate” to taper.

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