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Policy
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Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
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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.
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Free AccessPowell: Economy In Quite A Different Place Compared To Last taper
Q: Why are you tapering at more than twice the pace of the last taper?
- A: "The economy is in quite a different place when we tapered back in 2013. We were much farther away from maximum employment and inflation was much lower. This is an economy where demand is very, very strong. Very strong... the need for further stimulus is far less than it was in 2013 when we had quite a ways to go."
- "This is faster than what people had expected six months ago. It's earlier and faster... And that is because, as I mentioned, our policy has been adapting to the situation as it evolves. That is partly because we see inflation coming in higher."
To read the full story
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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.