Citi: Expect Fed to Raise Interest Rates to $ 30 Billion Per Month, End March Offers

12月
04
2021-12-4 07:14
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Citi economists Isfar Munir and Andrew Hollenhorst said Powell's remarks this week were more skeptical than expected and hoped the Fed would cut its assets by 2. The number of times it was reported in November was indicated in the research report. Starting in January, the discount rate will be around $ 30 billion per month ($ 20 billion in treasury bills, $ 10 billion in MBS), with the reduction process to be completed by the end of March. Previously, they expected a 50% cut to $ 22.5 billion per month and the whole process would be completed by April, and they still expect the Fed to start raising rates. in the coming months.

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