Sep 23, 2021 7:00:00 AM | LGT Navigator
LGT Navigator: Fed signals QE tapering soon – SNB and BoE in focus
The Federal Reserve (Fed) more or less matched the expectations of the financial markets. Accordingly, the Fed is cautiously heading for a turnaround in monetary policy. To this end, the first thing it is doing is holding out the prospect of curbing the stimulus measures in the form of its securities purchase program. At the same time, Fed Chairman Powell is keeping key interest rates at a record low level. Today, the monetary policy decisions of the Swiss National Bank and the Bank of England are also eagerly awaited.