Flash Review: Fed Introduces Outcome-Based Forward Guidance on Asset Purchases

By Brunello Rosa

In this paper we discuss:

  1. The Fed's latest assessment of the US economy;
  2. What the Fed's FOMC decided in December;
  3. What the Fed could do in coming months;
  4. How the FOMC altered its "dot plot" in December; and
  5. The market implications of all the above.

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Download PDF: R&R Flash Fed Review - December 2020

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