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2021/10/29 / Erste Group Research

US Fed: End of crisis mode?

Next week, the US Fed will decide whether to start reducing its ongoing securities purchases. The conditions for a withdrawal are improving: most FOMC participants see the requirement for price stability as already fulfilled. Regarding the labor market, Fed Chairman Powell recently said that a “reasonably good” labor market report for September would be enough to meet the requirements. We assume that the result will be deemed good enough to start tapering in mid-November or mid-December.


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General information

AuthorErste Group Research
Date2021/10/29
Languageen
Product nameWeek ahead
Topic in focusMacro/ Fixed income
Economy in focusEurozone, United States
Currency in focusEuro, US Dollar
Sector in focus-
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