St. Louis Fed President James Bullard told CNBC, “I think it’s too early to talk taper here”. And, “we’re going to let the chair open that discussion when he thinks it’s appropriate.”
“We’re not quite out of the pandemic yet,” he added. “Once we get out of the pandemic, then I think it will be time to look at whether monetary policy can change.”
“I don’t think you really want to change policy while you’re still in the pandemic tunnel. Even though you can sort of see the end of the tunnel, we’re not there yet, and we’ve got to push hard till we get all the way to the end,” he said.
