The mathematician of the Complutense University of Madrid, José-Vidal Ruiz Varela, argues that Europe must raise its borrowing limit, leaving its deflationary policy.
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Fed's Lacker wants quick QE exit: reports

WASHINGTON (MarketWatch)
The Federal Reserve must move swiftly to end its asset purchase program, according to Jeffrey Lacker, the president of the Richmond Fed Bank, according to reports of an interview with a German magazine on Saturday
"We must make our exit from the bond-buying program quick," Lacker said
The Richmond Fed president has never been a supporter of the $85-billion-a-month asset purchase program
He does not vote on policy decisions this year
But his remarks show that some senior Fed officials will be pressing their colleagues not to delay plans to taper the asset purchases
Top Fed officials will meet on Tuesday and Wednesday to chart the course of monetary policy for the next six weeks
Fed watchers think the odds are high that the Fed will wait until September to start to slow down its asset purchases
In the interview, Lacker said that the quantitative easing program had done little to boost the economy

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geniopolis.net dijo...

WASHINGTON (MarketWatch) -- The U.S. central bank is closer to slowing down its $85 billion-a-month asset-purchase program in the wake of Friday's unemployment data, Richard Fisher, president of the Dallas Fed Bank, said Monday. "With the unemployment rate having come down to 7.4%, I would say that the [Fed] is now closer to execution mode, pondering the right time to begin reducing its purchases, assuming there is no intervening reversal in economic momentum in coming months," Fisher said in a speech to state retirement administrators in Portland, Ore. Fisher said he urged his colleagues at last week's Fed policy meeting to "gird our loins to make our first move this fall." But he didn't specify whether he meant the policy committee's next meeting in September or at the following meeting in October. The Dallas Fed president is not a voting member this year. He has opposed the third round of asset purchases, also known as quantitative easing. In his speech, Fisher said the Fed does not seem to have achieved much in terms of job creation with the trillions of dollars it's poured into the economy.

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Fed’s Evans sees tapering, pickup in second half - The Fed