Goldman Sachs anticipates Federal Reserve tapering announcement in May '24

<p>Goldman Sachs is expecting a tapering announcement from the Federal Open Market Committee (FOMC) at the May meeting (April 30 – May 1 meeting).</p><p>we expect the FOMC to announce that it will slow the pace of runoff at its May meeting and begin tapering soon thereafter</p><p>we continue to expect runoff to stop in Q1 of 2025 because the runoff should last longer if it proceeds more slowly</p>

This article was written by Eamonn Sheridan at www.forexlive.com.