Research Detail
| 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
| Author | Erste Group Research |
| Date | 2021/10/29 |
| Language |  |
| Product name | Week ahead |
| Topic in focus | Macro/ Fixed income |
| Economy in focus | Eurozone, United States |
| Currency in focus | Euro, US Dollar |
| Sector in focus | - |
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