Fed announcement of QE tapering in the offing

Ron Markus
Monday, 17 May 2021
Ron Markus

Long-term rates are significantly below expected nominal economic growth rates and are held back by QE policies and expectations that central banks will refrain from raising rates in the coming years. However, we expect a bullish growth outlook and rising inflation expectations will increase speculation that the Fed will reduce QE next year, removing one of the hurdles for raising policy rates…

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