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2021/09/23 / Erste Group Research

US Fed nears tapering

For yesterday's monetary policy decision of the corresponding committee of the US Federal Reserve (FOMC), the meeting participants did not yet see the prerequisites for a reduction of monthly securities purchases fulfilled. For this to happen, the committee would have had to see “substantial progress” towards the monetary policy goals. As at the July meeting, however, only “progress” was noted. At the same time, however, the markets were signaled to prepare for the tapering to begin soon.

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General information

AuthorErste Group Research
Product nameShort Notes Major Markets
Topic in focusMacro/ Fixed income
Economy in focusUnited States
Currency in focusUS Dollar
Sector in focus-


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