Analysts at Goldman Sachs are out with their expectations on the Fed’s tapering, which is likely to begin in the middle of the next month.
Key quotes
“Expecting a formal announcement of taper at the November FOMC.”
“Tapering to begin in the middle of November at a US$15 billion monthly pace.”
“Taper to conclude in the middle of 2022.”
Related reads
- FOMC Minutes: ''A gradual tapering process would likely be appropriate''
- US September CPI: Inflation supports a November taper
