FOMC: Tapering to begin in Q1 2022 – Goldman Sachs

Dhwani Mehta FXStreet

Analysts at Goldman Sachs offer their take on when to expect the FOMC to move towards normalizing monetary policy.

Key quotes

“We expect tapering to begin in 1Q22.”

“Under assumptions that tapering at $15bn per meeting place will take all of 2022 and that FOMC will then want to take a break before considering rate hikes.”

“Lift-off would not be on the table for another two years.”

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Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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