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Fed likely to strengthen tightening outlook despite new COVID-19 variant uncertainties

Written by Fullerton Markets | Nov 28, 2021 4:00:00 PM

Will the Fed strengthen tightening outlook amid uncertainty over the new COVID-19 variant?

In his latest CGTN report, Chief Strategist, Jimmy Zhu discussed the following:

- The speed of tapering progress and the stock prices' reaction after the Federal Open Market Committee (FOMC) minutes were released.

- The current inflation outlook and its impact on the Fed's actions.

- European Central Bank (ECB) pledged to keep its policy loose until 2023 over the gains in the dollar index.

 

Read the full report!