JPMorgan expects the Federal Reserve to end quantitative tightening next week.
Jinse Finance reported that JPMorgan strategists pointed out in a report on Wednesday that, given the tightening liquidity conditions this week, the Federal Reserve may end quantitative tightening at next week's October Federal Open Market Committee (FOMC) meeting. JPMorgan currently expects that, in addition to ending balance sheet reduction at the October meeting, the Federal Reserve will also immediately initiate temporary open market operations, especially those aimed at alleviating funding pressures during settlement days, the end of the Canadian fiscal year, and other periods.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Blackstone (BX.US) injects up to $1.5 billion, providing fresh ammunition for Pfizer (PFE.US) in the weight-loss drug race
Pfizer announced on Wednesday that it has reached an agreement with Blackstone to obtain up to $1.5 billions in funding to support the development of its experimental monthly obesity treatment drug.
Bernstein Downgrades Nvidia Rating and Target Price
Google (GOOGL.US) DeepMind launches AlphaGenome 2: Capable of decoding DNA cells with nearly double the mutation identification capacity
Google DeepMind has released its AI model AlphaGenome 2, which is trained on maps of over 100 millions of cells and has nearly double the ability of its predecessor in identifying gene expression variations.
Crypto prices
More
