InvestorQ : Can you outline 3 key things that the US Fed said in its statement?
Rashi Mehra made post

Can you outline 3 key things that the US Fed said in its statement?

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Archita Jajjoo answered.
5 months ago
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IF you read the Fed statement in detail, you can glean, were 3 things of special interest in the Fed statement. Firstly, Fed admitted inflation was not transitory but would remain elevated for a long time to come. Secondly, Fed underlined that the taper speed would be doubled and bond buying that started during in early 2020, would be fully wound up by March 2022. Lastly, the Fed almost said that rate hikes will start soon after that.

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