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When is the next US rate hike? Ex-Fed officials explain

Alan Blinder: 'Start tapering now,' Donald Kohn: 'Fed likely to be behind curve'

Federal Open Market Committee (FOMC) participants gather at the Marriner S. Eccles Building in Washington in January 2019. (Photo courtesy of the Federal Reserve)

WASHINGTON -- As the U.S. economy rebounds from the pandemic and inflation risks emerge, when and how will the Federal Reserve raise interest rates? Nikkei asked two former vice chairs, Alan Blinder and Donald Kohn.

Blinder said the outlook for the U.S. economy is strong and called on the Fed to immediately start tapering.

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