- Three Fed officials said Monday they are ready to pull back on stimulus despite not feeling pressure from inflation.
- Fed Governor Lael Brainard and regional presidents John Williams of New York and Charles Evans of Chicago all expressed comfort with the first phase of policy tightening.
At least three Federal Reserve officials said Monday they are ready to pull back on their economic support measures even though they don't see a threat from inflation.
Speaking at separate engagements, Fed Governor Lael Brainard and regional presidents John Williams of New York and Charles Evans of Chicago all expressed comfort with the first phase of policy tightening – a gradual pullback on the monthly bond buying that has provided support for markets and the economy.
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