Likely trajectory of Fed policy far from settled
Markets seem to be assuming an almost pre-set path of Fed policy normalization in 2019, including hiking rates and shrinking the balance sheet. In contrast, we see many uncertainties ahead.
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Main Authors: | , |
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Format: | text |
Language: | English |
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Institutional Knowledge at Singapore Management University
2018
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Online Access: | https://ink.library.smu.edu.sg/lkcsb_research/6466 https://ink.library.smu.edu.sg/context/lkcsb_research/article/7465/viewcontent/Likely_trajectory_of_Fed_policy_far_from_settled.pdf |
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Institution: | Singapore Management University |
Language: | English |
Summary: | Markets seem to be assuming an almost pre-set path of Fed policy normalization in 2019, including hiking rates and shrinking the balance sheet. In contrast, we see many uncertainties ahead. |
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