IMCV - Federal Reserve Watch: The Tapering Continues And It's Almost March
- The Federal Reserve continues to taper its purchase of securities and speaks of raising its policy rate of interest in March, but the future becomes more uncertain.
- The situation in Ukraine continues to worsen putting pressure on markets and, hence, further pressure on the Federal Reserve officials.
- Fed Chair Jerome Powell continues to stand by the Fed's need to tighten up on monetary policy and raise its policy rate of interest, but times change.
- But what will the Fed do if the stock market continues to drop due to the events going on? Mr. Powell has always shown a tendency to err on the side of monetary ease.
- What will Mr. Powell do this time?
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Federal Reserve Watch: The Tapering Continues And It's Almost March