Comments from the Kansas City Fed’s George on Fox Business:
- It’s time to adjust QE purchases
- QE raises questions on costs-benefits
- ‘Sooner’ on QE cuts is ‘appropriate’
- Favors ‘systematic approach’ to cutting QE
- Inflation appears to be ‘moderate’
- Expects’ mixed data’ during the recovery
No surprise here.
Elsewhere, USD/JPY slipping a bit as US stocks fall to session lows, down 0.4%.