Flash Review: Federal Reserve Raises Rates, Begins QT, And Signals More Tightening Ahead

by Brunello Rosa and Nato Balavadze

4 May 2022

In this paper we discuss:

  1. The Fed's latest economic assessment of the US economy including of the impact of the war in Ukraine on the economy and prices;
  2. What the Fed decided at its May FOMC meeting and could do in coming months;
  3. Its updated view on growth and inflation in the US; and
  4. The market implications of all the above.


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Download PDF: R&R Flash Fed Review - May 2022

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