Thomson ReutersNovember 19, 2013 15:47
By Ann Saphir
CHICAGO (Reuters) - The Federal Reserve may need to wait until next year, possibly until March, before beginning to wind down its massive bond-purchase program, a top Fed official suggested on Tuesday.
"I'm not in a hurry myself to reduce the flow of purchase rate," Chicago Federal Reserve Bank President Charles Evans told reporters after a speech here. "A couple more (Fed policy-setting) meetings, to have greater assurance that the labor market improvement is sustainable, would be quite welcome."