April 28, 2021

The Fed sees an improved outlook but does not change course

Share on facebook
Share on twitter
Share on linkedin
Share on email

In Short

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.
The Fed sees an improved outlook but does not change course
Share on facebook
Share on twitter
Share on linkedin
Share on email

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
April 28th, 2021
PDF

Also interesting

size 3
August 4, 2021
Market Commentary

COVID-19 UPDATE Facts & Figures – 05/08/2021

Financial-and-technical-data-analysis-chart
July 30, 2021
Market Commentary

Market Commentary: Q2 reporting season is doing well but annual growth has peaked

size 3
July 29, 2021
Market Commentary

COVID-19 UPDATE Facts & Figures – 29/07/2021