Federal Reserve seen announcing bond taper in Nov, rate lift-off in 2023

The survey of 52 economists also predicted the US central bank would hold interest rates near zero through 2022 before delivering two quarter-point increases by the end of the following year

US Federal Reserve
US Federal Reserve
Agencies
1 min read Last Updated : Sep 17 2021 | 10:49 PM IST
The Federal Reserve will probably hint at its meeting next week that it is moving toward scaling back monthly asset purchases and make a formal announcement in November, according a Bloomberg survey of economists.
 
The survey of 52 economists also predicted the US central bank would hold interest rates near zero through 2022 before delivering two quarter-point increases by the end of the following year.
 
The Federal Open Market Committee meets for two days starting Tuesday and will issue a policy statement at 2 pm Washington time Wednesday.
 

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Powell opens review of investment rules for Fed policy makers             
 
Fed Chair Jerome Powell has ordered a “fresh and comprehensive” examination of the central bank’s ethics rules around permissible financial holdings and activities by senior Fed officials.


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Topics :US Federal ReserveBondsJerome Powell

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