Flash Preview: Fed to Stay Mostly On Hold While Ready for Additional Steps on QE

By Nouriel Roubini and Fawaz Al Mughrabi

In this paper we discuss:

1. Our latest assessment of the US economy;
2. What we expect the Fed’s FOMC to decide in December;
3. What the Fed is likely to do in coming months;
4. How we expect the FOMC to alter its Summary of Economic Projections in December; and
5. The market implications of all the above.

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Download PDF: R&R US Federal Reserve Flash Preview – December 2020