Fed's Bostic: Not expecting taper to upset markets in any way

In an interview with CNBC on Friday, Atlanta Federal Reserve Bank President Raphael Bostic said that the inflation episode is likely to go into 2022 and beyond.

Additional takeaways

"Not expecting taper to upset markets in any way."

"Have made a lot of progress on employment goal."

"Would want to do taper quickly, not have it linger."

"Delta variant is a source of concern, could hurt economic performance."

Market reaction

These comments don't seem to be having a noticeable impact on the greenback's performance against its major rivals. As of writing, the US Dollar Index was posting small daily losses at 92.99.