Interviews with officials along with their public comments show growing support for a faster taper timeline than markets had expected a month ago.
Those changing views follow the strong jobs data of the past two months along with higher inflation readings.
Markets have also shifted expectations, giving the Fed leeway to act sooner. Respondents to the CNBC Fed Survey in July pegged November as the announcement month and January as the beginning of the taper. But a Reuters poll last week found September to be the new consensus.Fed Chair Jerome Powell has generally been more dovish than some members of his committee have become, though he has not spoken since the recent data came out.
Meanwhile, expectations for rate hikes beginning either late in 2022 or early 2023 have remained almost unchanged amid all the taper talk. That suggests to Fed officials that they have achieved their goal of divorcing in the market's mind a decision to taper from a decision to raise rates.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Liz Cheney warns terrorist groups will be 'fed new soldiers' as Taliban unlock jails'Terrorist groups globally will in fact be fed new soldiers in their war on terror from those prisons,' the Republican lawmaker said Sunday.
Weiterlesen »
Canadian PM Trudeau announces snap September electionsJustin Trudeau called an early election for September 20, saying he needed a new mandate to ensure voters approved of his Liberal government's plan to recover from the Covid-19 pandemic.
Weiterlesen »
This Olympic Runner Believes Walking Is One of the Most Powerful Exercises You Can DoWhy This Olympic Runner Believes Walking Is One of the Most Powerful Exercises You Can Do
Weiterlesen »
These Delicious Hanukkah Foods Deserve a Spot on Your Holiday Table10 Traditional Hanukkah Foods to Celebrate the Festival of Lights
Weiterlesen »