Atlanta Fed's Bostic tells WSJ taper decision unlikely to come this month

Atlanta Fed President Raphael Bostic told the Wall Street Journal that it's not likely the central bank will announce a decision to taper at its meeting this month. "The weaker data that we've seen more recently suggests to me that maybe there's a chance for some play on this, but I still think that sometime this year is going to be appropriate," he said. "I wouldn't lean in too heavily to expecting anything on taper at the next meeting," he added. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

Atlanta Fed's Bostic tells WSJ taper decision unlikely to come this month
Atlanta Fed President Raphael Bostic told the Wall Street Journal that it's not likely the central bank will announce a decision to taper at its meeting this month. "The weaker data that we've seen more recently suggests to me that maybe there's a chance for some play on this, but I still think that sometime this year is going to be appropriate," he said. "I wouldn't lean in too heavily to expecting anything on taper at the next meeting," he added. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.