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JP Morgan: Fed expected to slow balance sheet reduction in April and exit in November

JP Morgan: Fed expected to slow balance sheet reduction in April and exit in November

CointimeCointime2024/01/13 05:37
By:Cointime

Morgan Stanley strategists believe that the Fed's quantitative tightening will end at the end of November, while the overnight reverse repurchase tool usage by the Fed will remain at a level sufficient to maintain stable operation of the currency market. Strategists led by Jay Barry expect the Fed to propose a timetable outline at the January meeting and convey it through the minutes to be released in mid-February. They wrote that an agreement may be reached at the March meeting and implemented in April.

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