Flash Review: Fed Introduces Outcome-Based Forward Guidance on Asset Purchases

By Brunello Rosa

In this paper we discuss:

1. The Fed’s latest assessment of the US economy;
2. What the Fed’s FOMC decided in December;
3. What the Fed could do in coming months;
4. How the FOMC altered its “dot plot” in December; and
5. The market implications of all the above.

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Download PDF: R&R Flash Fed Review – December 2020