Free Trial

Powell Says Fed Comfortable Economy Can Handle Omicron Without QE

FED

Q: You're comfortable that the economy can handle Omicron without QE?

  • A: Yes, if you look at the state of the economy and the strength of overall demand, strength of demand for labor, inflation wages, "moving forward the end of our taper by a few months is really an appropriate thing to do and I think really Omicron doesn't really have much to do with that."

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.