Waller says he would like to start reducing bond buying early this fall

A better-than-expected jobs report will be enough to start the bond buying reduction“said US Federal Reserve Governor Christopher Waller in an interview with Yahoo Finance, adding that”we would like to start reducing early this fall“.

Additional comments

“We don’t look at the virus data unless it spills over into the economy.”

“The economy does not necessarily follow the virus closely.”

“We have definitely made progress on inflation.”

“I’d like to start reducing bond buying early this fall.”

“If the reduction takes six months or eight months it would not have much effect on the price

“All my business contacts tell me that companies have pricing power for the first time in a decade and that they intend to use it.”

“He prefers to finish the reduction of the bond purchase in mid-2022 to have room for rate hikes if necessary.

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