Despite the dollar retreat and Fed repeats of high inflation due to "largely reflecting transitory factors" and highlights that labour market developments continue to be key for the timing of the tapering of asset purchases.
Wouldn't the economics expect the Fed to turn more and more hawkish in coming months so that actual tapering will start in 4th quarter and the Fed will signal this in the September meeting?
Wouldn't the economics expect the Fed to turn more and more hawkish in coming months so that actual tapering will start in 4th quarter and the Fed will signal this in the September meeting?