Federal Reserve Bank of Atlanta President Raphael Bostic said that if the economy snaps back quickly this year, the Fed may be able to start paring back its bond-buying stimulus efforts later in the year.
Mr. Bostic said he is open to slowing the central bank’s $120 billion-a-month Treasury and mortgage bond buying if the economy is performing well. “A lot of it will depend on how the virus and the vaccine distribution goes; but if it goes well, if we learn quickly, I think that there’s some good upside potential there” for…
