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- Fed is seen sticking to its accommodative stance - UOB
Fed is seen sticking to its accommodative stance - UOB
FXStreet reports that Lee Sue Ann, an economist at UOB Group, offers her view on the upcoming FOMC meeting (Wednesday).
“The “talk about the talk” about QE tapering and updated dot plot during the June FOMC could set in motion for taper discussion.”
“We expect the Fed to keep its current policy stance unchanged in the July FOMC and the Jackson Hole Symposium (26 August) could see the first hint of taper and we expect first taper to be done in December 2021.”
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