Will the Fed strengthen tightening outlook amid uncertainty over the new COVID-19 variant?
In his latest CGTN report, Chief Strategist, Jimmy Zhu discussed the following:
- The speed of tapering progress and the stock prices' reaction after the Federal Open Market Committee (FOMC) minutes were released.
- The current inflation outlook and its impact on the Fed's actions.
- European Central Bank (ECB) pledged to keep its policy loose until 2023 over the gains in the dollar index.
Read the full report!