Powell’s Potential Replacement Will Affect Fixed Income And Hinder Tapering
While San Francisco Federal Reserve Chair Mary Daly confessed to the Financial Times that the U.S. central bank could begin reducing its debt purchases later this year, her counterpart at the Minneapolis Fed, Neel Kashkari, has already indicated to theEconomist that a start in 2021 or early 2022 does not make much of a difference. In the coming months, the…
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