Fed's Kaplan makes the case for an October taper

Dallas Federal Reserve Bank President Robert Kaplan

• Says that if there is no fundamental change to the outlook by the September FOMC meeting then I would support starting to taper in October

More:

• Says Fed's asset purchases are not well-suited to the current situation
• expect to continue to run at above 2% inflation next year
• says wearing a mask is good for the economy
• says he encourages people to get vaccinated, and get boosters if it's their turn
• says labour force is tighter than the headline unemployment rate suggests