Is Fed Preparing for QE Taper? ETFs to Buy - NewsBreak

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By Gomez in Business
Updated 3 years ago

Minutes from the July Federal Reserve meeting, released on Aug 18, hinted at the inclination to start tapering asset purchases before the end of the year. However, this does not mean any likelihood of the interest rate hikes. The minutes also noted that "some" members chose to wait until early in 2022 to begin QE tapering, as quoted on a CNBC article. The minutes indicated that the economy had touched its inflation target and was "close to being satisfied" with the development on job growth.

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