Three Federal Reserve officials said in separate television interviews Thursday that the time to cut back on central-bank bond-buying stimulus is looming.
With inflation running at unexpectedly high levels and uncertainty about whether it will moderate next year, “we want to get going on taper, get the taper finished by the end of the first quarter next year,” Federal Reserve Bank of St. Louis President James Bullard said on CNBC. Mr. Bullard was giving his view on when the Fed should wrap up its bond-buying stimulus totaling…