Fed to stay on hold this week - UOB

Market news

27 April 2021

Fed to stay on hold this week - UOB

FXStreet reports that economist at UOB Group Lee Sue Ann sees the Federal Reserve to keep its monetary conditions unchanged at its meeting on Wednesday.

“The Fed is willing to look past transient inflation impact and not react pre-emptively.”

“We expect no policy changes in this meeting and the Fed’s taper discussion will likely only start in late 2021/early 2022.”

“Policy rate will stay at 0-0.25% till 2023.”

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