Report
A date with the Fed in the spring?
The Fed will announce next week the tapering of its asset purchases. The process will be spread over six months approximately. The tapering question rattled the markets at the start of the year, this is now ancient history. The key issue is the rise in policy rates. Within weeks, market expectations had surged. The Fed is under pressure. If it aligns with market views, this would signal a radical shift. If it remains patient (most likely in our view), it will be criticised for it...
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Oddo BHF
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Bruno Cavalier
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