4th November 2021
- Powell Says Fed Patient on Hikes, Can Act on Inflation if Needed
Fed to start tapering asset buys by $15 billion in November
Taper on track to end mid-2022, can speed up or slow down
https://blinks.bloomberg.com/news/stories/R20I8VDWRGG4
- Powell Gambles on Inflation Easing as Fed Waits for More Jobs
Says Fed to be patient on rate liftoff after starting taper
Fed chair says ‘ground to cover’ to reach maximum employment
https://blinks.bloomberg.com/news/stories/R20KNXDWLU6D
- Treasury Curve Steepens as Fed Says No Link Between Taper, Hikes
Longer rates rose relative to short end; rate rise bets steady
Powell tamps down fears that rate increases will come soon
https://blinks.bloomberg.com/news/stories/R20HT9DWRGG2
- Bond Bears Ready to Pounce on Fear Powell Is Still Behind Curve
Rate hike bets little changed after Fed appealed for patience
Demand has strengthened for hedging further rate hike bets
https://blinks.bloomberg.com/news/stories/R210N6T0AFB5
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