Free Trial

MNI Fed Review-Nov 2021: Keeping 2022 Options Open

FED

Emailed to subscribers, or available here:

  • The Fed's confidence in the "transitory" narrative for inflation is waning
  • Powell pushed back subtly against a 1H 2022 rate liftoff, but not enough to change market expectations
  • Labor market progress will be the key determinant in rate hike timing
  • Risks remain tilted toward an earlier rather than later end to tapering vs the mid-2022 baseline

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.