It would be "reasonable" for the Federal Reserve to trim its bond-buying program beginning in October if strong job gains continue, Atlanta Fed President Raphael Bostic said in the latest call by a U.S. central banker to start tapering the purchases soon and end them fast. The Fed has been buying $120 billion in U.S. Treasury bonds and mortgage-backed securities each month to stem the economic fallout from the coronavirus pandemic, but is now moving toward reducing the stimulus as the recovery gains momentum. "I would be comfortable with an October timeline for starting this" if U.S. job growth in August matches the ... (full story)