Flash Review: Fed Confirms First Hike in March and Mulls Balance Sheet Run-off

by Brunello Rosa and Nato Balavadze

27 January 2022

In this paper we discuss:

1. The Fed’s latest assessment of the US economy;
2. What the Fed announced in January and could do in coming months;
3. How the economic outlook has changed in the FOMC statement; and
4. The market implications of all the above.

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