Economics

Kaplan Says Fed Will Avoid 2013 Taper Tantrum This Time Around

WATCH: Federal Reserve Bank of Dallas President Robert Kaplan says the tapering of monetary policy is coming. It’s just a question of when.(Source: Bloomberg)

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By Catarina Saraiva

June 30, 2021 at 5:20 PM UTC

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The Federal Reserve’s tapering of its asset purchases, which he hopes will start “soon,” will run smoother this time around because investors already know that a move is being discussed, said Federal Reserve Bank of Dallas President Robert Kaplan.