To get the most out of this website it's best viewed on a more up-to-date browser. See how to update your browser.

Investment Event - Fed signals taper coming soon

The FOMC “judges that a moderation in the pace of asset purchases may soon be warranted”
23 September 2021
    Download the full reportPDF, 509.85KB

    Key takeaways:

    • At the September meeting, the Federal Reserve (Fed) maintained the federal funds target range at 0.00-0.25 per cent
    • The FOMC “judges that a moderation in the pace of asset purchases may soon be warranted”
    • The median expectation of FOMC members is now for one hike in 2022 and for the federal funds rate to reach 1.00 per cent by end-2023
    • With the economy in an expansion phase and the Fed on the cusp of tapering, yields have the potential to rise further 
    • The potential for higher yields means we are also selective in our exposure to risk assets