Fed’s Kaplan Says Time to Start Paring Bond Buying Aid Soon

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Federal Reserve Bank of Dallas leader Robert Kaplan reiterated Wednesday his view that it will soon be time for the U.S. central bank to slow the pace of its $120 billion a month in bond buying stimulus, a process he expects to go smoothly.

“I think it would be far healthier to start soon, and sooner rather than later” on slowing the asset purchases, Mr. Kaplan said on Bloomberg’s television channel.

The…

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