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MNI Fed Review - Jul 2021: Maintaining Taper Momentum

MNI Fed Review - Jul 2021: Maintaining Taper Momentum

EXECUTIVE SUMMARY:

  • The July FOMC meeting maintained momentum for a Fed asset purchase taper around the end of the year.
  • Market reaction suggests that MNI's expectation of a hawkish statement reaction, followed by a relatively dovish Powell press conference, was largely met.

FOR FULL PDF ANALYSIS PLEASE USE THE FOLLOWING LINK:

FedRevJul2021.pdf


Source: BBG, MNI

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