The Federal Reserve Open Market Committee will hold an November interest rate meeting in the early morning of Thursday time. As inflation continued, global markets began to wage heavily on central banks turning "eagles.". The statement of the meeting will be substantively rewritten at this meeting! The Fed is expected to officially announce taper and gradually scale back from mid-month at a rate of $10 billion + $5 billion per month.
Powell's belief in the temporary nature of inflation will also be challenged, and he should acknowledge that the rise in the inflation index will continue until next year and need to be carefully monitored. Inflation is expected to gain more attention and highlight risks in the statement. Of course, at a press conference afterwards, Powell will likely continue to stress that there is still a long way to go before the rate hike.
The outcome of this meeting is in many details: taper speed and deadline? Is it a message that the rate hike cycle is coming? Changes in the Fed's view of current inflation? What is the meaning behind the current flat yield curve in developed countries?
November 4th, 16:00-17:00, invited monetarist and founder of Zhibao Mikko, the first time for us to deeply interpret these issues!
>> this link to watch the live stream
Live Highlights:
Taper's speed and deadlines
Information on the arrival of the rate hike cycle
The Change in the Fed's View of Current Inflation
The meaning behind the flattening of yield curves in developed countries
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