MONETARY AFFAIRS
Flash Review: Fed Introduces Outcome-Based Forward Guidance on Asset Purchases
By Brunello Rosa
In this paper we discuss:
- The Fed's latest assessment of the US economy;
- What the Fed's FOMC decided in December;
- What the Fed could do in coming months;
- How the FOMC altered its "dot plot" in December; and
- The market implications of all the above.
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Download PDF: R&R Flash Fed Review - December 2020
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