• Cleveland Fed president Mester: Would be comfortable with winding down asset purchases over H1 2022

Market news

10 September 2021

Cleveland Fed president Mester: Would be comfortable with winding down asset purchases over H1 2022

  • Would still like to begin tapering asset purchases some time this year despite weak August jobs report
  • Delta variant is a risk to the outlook but not necessarily going to weigh heavily on economic activity
  • Expecting employment to continue to rise over the rest of the year
  • Some more people will join the labor market as issues with child care are resolved and some people train for new jobs
  • Wouldn't have a problem with Fed reviewing rules on how officials should handle investments


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
I understand and accept the Privacy Policy and agree to my name and contact details being used by TeleTrade to contact me about this.