Disliked{quote} Yes it was announced that it will start later this year and QE will end by mid next year. A survey of the top financial players (big banks) showed that they expect tapering to start by September with a reduction of 20 billion in purchases, bringing the monthly purchases down to 65 billion from the current 85. Of course this all depends on the data coming out as the Fed expects it. Therefore, the above is already "mostly" priced in. If the FOMC announces an official taper today, as long as it is in line with the above, although there will...Ignored
I agree and was thinking the same. September taper is priced in. Ben says blah blah, we are waiting for data, so data becomes more important than FOMC? That is what I am thinking.
I would expect a reprice of that taper.
Can NFP and ECB kill the zombie?
The world you desire can be won. It exists.. it is real.. it is possible..