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Fed’s Bullard Wants Taper to Start in Fall, End by March ‘22

Move would put Fed in good position in case of inflation
St. Louis Fed chief isn’t FOMC voter in 2021, will be in 2022

James Bullard — James BullardPhotographer: Joshua Roberts/Bloomberg

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July 30, 2021, 1:48 PM UTCUpdated onJuly 30, 2021, 4:18 PM UTC

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Federal Reserve policy makers should begin tapering of asset purchases in the fall and wind up the process by March in light of U.S. inflation running much higher than expected, Federal Reserve Bank of St. Louis President James Bullard said.