Economics
Fed’s Kaplan Says ‘Gently’ Scaling Back Fed Support May Be Wise
- Repeats call to start taper talk ‘sooner rather than later’
- Says ‘I do that with a risk-management point of view in mind’
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Federal Reserve Bank of Dallas President Robert Kaplan repeated his call for policy makers to begin a discussion of slowing their asset purchases, a day after minutes of the Fed’s April meeting showed an increased interest in talking about tapering.