The Fed sees an improved outlook but does not change course

In Kürze

The April meeting had few surprises. The Fed marked to market its view of the economy in line with better data on vaccination and activity. The evolution remains in line with its forecast and therefore does not require any policy changes, as widely expected.

Highlights:

  • The Fed delivered an optimistic message on the state of the economy, signalling a sizeable reduction of the risks to the outlook.
  • However, the economy and especially the labour market have yet to show the substantial improvement needed to start thinking about tapering.
  • The looming inflation spike will be transitory and will not affect inflation expectations. They are increasing but still low enough to warrant accommodation.

Download the full publication below

The Fed sees an improved outlook but does not change course
PDF
Picture

© Generali Investments, alle Rechte vorbehalten. Diese Website wird von Generali Investments zur Verfügung gestellt und gilt als Marketingkommunikation und Finanzwerbung für die Produkte und Dienstleistungen der folgenden Unternehmen der Generali Gruppe: Generali Asset Management S.p.A. Società di gestione del risparmio und Generali Investments Luxembourg S.A. (im Folgenden gemeinsam Generali Investments). Darüber hinaus kann die Website Marketingkommunikation und Finanzwerbung für Produkte und Dienstleistungen von Unternehmen enthalten, die Teil der von Generali Asset Management S.p.A. Società di gestione del risparmio koordinierten Multiboutique-Plattform sind, insbesondere von Infranity, Sycomore Asset Management, Aperture Investors LLC, Plenisfer Investments SGR, Lumyna Investments, Sosteneo Infrastructure Partners SGR und Generali Real Estate S.p.A. Società di Gestione del Risparmio