Monday, September 9, 2013

Reuters: US Dollar Report: S.Korea fin min: had impression Fed tapering nearing

Reuters: US Dollar Report
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S.Korea fin min: had impression Fed tapering nearing
Sep 9th 2013, 08:59

SEOUL, Sept 9 | Mon Sep 9, 2013 4:59am EDT

SEOUL, Sept 9 (Reuters) - South Korea's finance minister said on Monday he had an impression from discussion around the last week's G20 summit that the U.S. Federal Reserve was very close to beginning to reduce its stimulus programme.

"One thing that was different from the past was that (U.S. officials) were very confident about the U.S. economy," Minister Hyun Oh-seok told reporters. "In other words, I can say from the impression that 'tapering' has become close."

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