St. Louis Fed president Bullard reiterates that he would like asset tapering to start now and finish by the end of Q1 next year

Market news

27 August 2021

St. Louis Fed president Bullard reiterates that he would like asset tapering to start now and finish by the end of Q1 next year

Asset purchases don't have much value right now
Fed is fine if inflation moderates quickly but we may need to put downward pressure on prices if inflation lasts longer
Fed needs optionality in case that inflation doesn't moderate

U.S.: Reuters/Michigan Consumer Sentiment Index, August 70.3 (forecast 70.7)

Cleveland Fed president Mester: I expect tapering to start some time this year

Market Focus

Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer

Open Demo Account & Personal Page

Personal area

support@teletradepartners.com

Risk Warning: Trading in the financial markets (including trading on margin) provides a wide range of opportunities and enables investors ready to take risks to make high profits, but it carries a potentially high level of risk of loss. Therefore, prior to trading you should take into careful consideration whether such operations are suitable for you in terms of your level of knowledge and financial situation.