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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (113620)	9/22/2021 8:24:22 AM
From: Goose94	Read Replies (2) of 203728

HUV-T: U.S. Fed Day Markets will find out this afternoon if the U.S. Federal Reserve is prepared to fine-tune its language about taper timing. Last we heard from Chair Jerome Powell in his Jackson Hole speech, he confirmed that the central bank thinks it will be in a position to scale back asset purchases before the end of this year, but signaled "considerable" progress was still needed to attain maximum employment. Since then, we saw August non-farm payrolls that fell way short of expectations. The policy statement and updated forecasts land at 2 p.m.; followed by Powell’s news conference a half hour later. BNN.ca

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