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17 May 2013
Flash: Don´t expect any Fed tapering until early 2014 - ANZ
FXstreet.com (Barcelona) - Richard Yetsenga, Head of Global Markets Research at ANZ, believes that it would be easy to suggest that the strong recent global currency moves are based on expectations that the Fed might taper its bond purchases soon.
He continues to note that ANZ economists are certainly not expecting any Fed tapering until early 2014. He writes, “The recent fall in inflation indicators is supportive of that call, as are the underlying signs of further repair still needed in the US labour market.”
He continues to note that ANZ economists are certainly not expecting any Fed tapering until early 2014. He writes, “The recent fall in inflation indicators is supportive of that call, as are the underlying signs of further repair still needed in the US labour market.”