SAN - Wall Street Breakfast: Fed's Final Meeting Of 2020

Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify. Fed's final meeting of 2020Investors this afternoon will tune into the Fed's latest quarterly projections on economic growth, unemployment, inflation and interest rates, which will be the first since the pandemic intensified, only to be followed by historic vaccine progress. While no changes are expected on rates (they're already near zero), the central bank's asset purchase program could see certain adjustments. Some expect the Fed to increase the current pace of $120B bonds per month or buy longer-dated bonds to stimulate the economy, though others see it providing "outcomes-based" guidelines that are needed before tightening monetary policy. At Jerome Powell's press conference there could also be some talk about how monetary policy can address inequality and the climate, as well as some focus on the timing

For further details see:

Wall Street Breakfast: Fed's Final Meeting Of 2020