Confused by the Fed? So were the markets.
The July FOMC meeting wrapped up with no concrete clues as to when the US central bank will start paring back their asset purchases. With market participants thinking they’ve got a longer runway before the Fed’s tapering officially begins, this could leave the US dollar on a softer footing for the time being, while stock market bulls are expected to continue making hay while the sun shines.
The FOMC just wrapped up their July meeting, with markets still left questioning exactly when policymakers plan to start tapering (easing up on their bond purchases that have helped financial markets since the pandemic).
Tune in as Han Tan and Exinity Chief Market Strategist Hussein Sayed digest the Fed’s latest statements and what they mean for markets in the weeks and months ahead.
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