Bank of America: The forecast time for the Fed to end its balance sheet reduction has been postponed to the end of March 2025

2024-09-21 01:29

Odaily News Bank of America strategists Mark Cabana and Katie Craig said in a report that the bank now expects the Fed to end its balance sheet reduction by the end of March 2025, compared with the previous forecast of December 2024, because policymakers have little discussion about their policies. The September FOMC meeting showed that the Fed believes that changes in policy rates and balance sheets are independent of each other. (Cailian News)

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