The withdrawal of massive asset purchases in the US begins . This was announced by the Federal Reserve and the market welcomed it with complete tranquility.

Not in vain did the Fed comply with the expected script not only in terms of when to start the withdrawal of stimuli, but also regarding the amount of the cut (15,000 million less per month) and the duration of the withdrawal (which will be completed in June) .

This shows that central banks have to respond to a new scenario characterized by the recession of the crisis and, above all, by historical levels of inflation. It is inevitable that this reality will weigh in at the ECB meeting next month, despite the fact that its president, Christine Lagarde, continues to defend that high prices will be temporary.

The withdrawal of massive asset purchases in the US begins . This was announced by the Federal Reserve and the market welcomed it with complete tranquility.

Not in vain did the Fed comply with the expected script not only in terms of when to start the withdrawal of stimuli, but also regarding the amount of the cut (15,000 million less per month) and the duration of the withdrawal (which will be completed in June) .

This shows that central banks have to respond to a new scenario characterized by the recession of the crisis and, above all, by historical levels of inflation. It is inevitable that this reality will weigh in at the ECB meeting next month, despite the fact that its president, Christine Lagarde, continues to defend that high prices will be temporary.

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