Tag Archives: tapering

A version of this post was originally published on TKer.co. The U.S. economy has made an extraordinary comeback from its early 2020 lows. And while there is still some room for improvement, the economy has made enough progress that the Federal Reserve feels comfortable dialing back some of its emergency monetary policy efforts. This means you’re about to see a ton of mind-numbing headlines about the Fed and monetary policy and the “tapering” of quantitative easing (QE). This is incredibly… Source link

Federal Reserve Chairman Jerome Powell is readying markets for an announcement of a slowdown in its asset purchases, suggesting that the U.S. economic recovery looks fit enough to sustain reduced Fed stimulus as soon as next month. Powell said the Fed is “on track” to begin slowing the pace of its U.S. Treasury and agency mortgage-backed securities purchases, which it is currently doing at a clip of about $120 billion a month. He added that if economic conditions progress as expected, the… Source link

Markets made muted moves on Thursday morning in London. Photo: Getty European markets saw a muted open on Thursday morning in London, with the FTSE 100 pulling back slightly at the opening bell.  Markets are being weighed by talk of the European Central Bank withdrawing its monetary stimulus due to rising inflation. BHP Group (BHP.L) was among the top fallers in the FTSE, falling 4.8% in early trade as it was outbid for a nickel miner active in Canada’s highly-prospective Ring of Fire region… Source link

Federal Reserve Bank of Dallas President Robert Kaplan said rising concerns over the spread of the Delta variant have not materially changed his call to start the process of pulling back on the central bank’s extraordinary monetary stimulus in September. “I’m going to be suggesting that we should move toward announcing a plan as early as our September meeting and begin our tapering process in October,” Kaplan told Yahoo Finance in an interview on Thursday. Kaplan’s comments come as the… Source link

Investors may be wise to tread lightly in the stock market as the Federal Reserve nears the start of its bond tapering program, hints DoubleLine Capital founder and CEO Jeffrey Gundlach.  “It certainly would be a negative for the stock market,” Gundlach — aka the “bond king” — told Yahoo Finance Live in an exclusive interview on the potential impact to markets from Fed tapering. The Federal Reserve is widely expected to signal the beginning of halting its pandemic-era bond-buying program… Source link

Yahoo Finance’s Brian Cheung breaks down tapering in this week’s Yahoo U. Video Transcript JARED BLIKRE: Welcome back to Yahoo Finance Live. I’m Jared Blikre. Well, if you’re wondering what a taper is, then you’re just like me. And fortunately, we have Yahoo Finance’s Brian Cheung here to break it all down for this week’s edition of Yahoo U. Brian. BRIAN CHEUNG: I was going to say, Jared, you know what a taper is. Come on, man. But class is in session. And at one point, the nation’s central… Source link

Federal Reserve Bank of New York President John Williams said Thursday that he would like to see the U.S. economy make more progress before the central bank pulls back on its aggressive monetary stimulus. “We’re still quite a ways off from maintaining the substantial further progress we’re really looking for in terms of adjustments to our asset purchase program,” Williams told Yahoo Finance in an exclusive interview. But Williams added that the Fed should begin to be mindful of how the… Source link

TipRanks 3 Big Dividend Stocks Yielding at Least 8%; Wells Fargo Says ‘Buy’ With the Georgia election behind us, and the Trump Administration on the way out, the near- to mid-term political landscape is growing clearer: The Biden Administration will be able to cater to its progressive base, now that it rests on majorities – however thin – in both Houses of Congress. Predictability is good for the markets, and we’re likely to have that, at least until 2022. Which makes this the time… Source link