Fed shackled to stimulus amid US, global economic tapering

San Francisco Federal Reserve president John Williams said on Monday that the US central bank might start to "taper" bond purchases in coming months as part of a slow reeling back of monetary stimulus. Dennis Lockhart, the president of the Atlanta Fed, held it out as a possibility, saying tapering might be considered as a possibility in August or September but stressed that now was not the time.

via Business feed http://www.scmp.com/business/economy/article/1254309/fed-shackled-stimulus-amid-us-global-economic-tapering