Tl;dr… The Fed statement and economic projections saw the central bank double the pace of its asset purchase tapering to USD 30bln per month (consisting of USD 20bln Treasuries, USD 10bln MBS – this will be doubled again in January, with similar reductions likely be appropriate each month thereafter), which puts it on course to conclude asset purchases by March, from the prior landing zone of around June , although this could be adjusted if warranted.
Its updated projections now see three rate hikes in 2022 , revising up its view from one hike pencilled in at the […]
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