Flash Preview: US Federal Reserve Gradually Transitioning to a New Regime

By Nouriel Roubini and Farah Aladsani

14 September 2020

In this paper we discuss:

1. Our latest assessment of the US economy;
2. What we expect the Fed to do in September and coming months;
3. How we expect the Fed start implementing its new policy strategy (average inflation targeting);
4. How we expect the FOMC to alter its Summary of Economic Projections (SEPs); and
5. The market implications of all the above.

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Download PDF: R&R Flash Federal Reserve Preview – September 2020