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Fed to shutter pandemic support asset purchases by end-2022 | Hellenic Shipping News Worldwide

Fed to shutter pandemic support asset purchases by end-2022 | Hellenic Shipping News Worldwide
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Fed to shutter pandemic support asset purchases by end-2022

Article content
The July 12-15 poll of over 100 economists showed the U.S. economy would grow at a healthy pace and also that elevated inflation would prevail longer than previously expected.
Last month, a majority of economists had predicted the Fed would announce a taper plan to its $120 billion monthly asset purchases sometime this year, with the withdrawal to start early next year.
All but two of 41 economists who answered an additional question said the Fed will have completely stopped its pandemic support bond buys by end-2022.
That included three economists who expected a complete withdrawal by the end of this year.

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