Report
US: update on monetary and fiscal debates
Unless the next payrolls report (scheduled for release on October 8) is disastrous - which looks unlikely - the Fed is determined to scale back asset purchases “soon”, most likely at its 3 November meeting. This confirms the signal given in July. The impact of the Delta wave has not significantly weakened the economic outlook and the Evergrande risk is seen as a Chinese problem with little direct impact on the US. Jerome Powell suggested that tapering could last seven months, at ...
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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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