Hawkish Powell Expects Fed to End QE Tapering a Few Months Earlier than Previously Anticipated

<p>Despite concerns over the new coronavirus variant Omicron, Fed Chair Jay Powell’s testimony before the Senate was hawkish. He suggested that the Fed could accelerate the tapering of asset purchases in order to curb strong inflation. US dollar extended rally against major currencies, with the exception of Japanese yen and Swiss franc. The testimony is […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/action-insight/central-bank-analysis/417640-hawkish-powell-expects-fed-to-end-qe-tapering-a-few-months-earlier-than-previously-anticiapted/">Hawkish Powell Expects Fed to End QE Tapering a Few Months Earlier than Previously Anticipated</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>