Recent U.S. economic data is looking better and a "strong" jobs report for November would increase the likelihood that the Federal Reserve decides to start scaling back bond buying at its meeting next month, a senior Fed official said on Wednesday.
"It is definitely on the table, but it is going to depend on the data," St. Louis Federal Reserve President James Bullard told a news channel. "A strong jobs report, I think, would increase the probability some for a December taper."
Copyright: Thomson Reuters 2013
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