Nov. 3, 2021

The Taper Announcement In An Hour.

The Taper Announcement In An Hour.

Well, the main event happens in less than an hour now. As the Federal Reserve's Open Market Committee will first announce their latest decision on interest rates, Presumed to be held steady at 25 basis points.
Followed half an hour later with the Chairm...


Well, the main event happens in less than an hour now. As the Federal Reserve's Open Market Committee will first announce their latest decision on interest rates, Presumed to be held steady at 25 basis points.

Followed half an hour later with the Chairman's Press conference. And it is at the Press Conference that I would assume that Chairman Powell will announce the Taper will begin.