‘Certainly see a case’ for speeding up taper

Federal Reserve Bank of San Francisco President Mary Daly said that she could support more quickly ending the central bank’s asset purchase program, dependent on incoming data on inflation and jobs.

Since the depths of the pandemic, the Fed has been buying about $120 billion in U.S. Treasuries and agency mortgage-backed securities to signal its commitment to supporting the economy. This month, the Fed said the economy appeared to make substantial further progress in the recovery — and


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