Cookie settings
Picture
Kontakt
Picture

What to expect from Jackson Hole: little news on tapering, more details on the policy framework

In Kürze

Expectations are high about the speech Chair Powell will deliver on Friday evening at the annual Jackson Hole Economic Policy conference. However, we think that those expecting clear communication about the shape and timing of the tapering of asset purchases may be disappointed.

Highlights:

  • Despite the strong expectations, Fed Chair Powell’s speech at the Jackson Hole conference will likely be short on details on tapering the Fed’s asset purchases amid persistent risk from rising Covid cases and economic uncertainties persist.
  • If the Delta variant does not prove too harmful, we expect a clear warning on imminent tapering in September, an announcement in November, followed by an implementation in December.
  • Powell is likely to take the opportunity for further clarifying some key aspects of the Fed policy, especially stressing the distinction between asset purchase tapering and rate hikes.

Download the full publication below

Market Commentary ǀ What to expect from Jackson Hole: little news on tapering, more details on the policy framework
Unsere Fonds
Nachhaltiges Investieren
News & Einblicke
Über Uns
Kontakt
Picture
Picture

© Generali Investments, alle Rechte vorbehalten. Diese Webseite wird von Generali Investments zur Verfügung gestellt und gilt als Marketingkommunikation und Finanzwerbung in Bezug auf die Produkte und Dienstleistungen der folgenden Unternehmen der Generali Gruppe: Generali Investments Partners S.p.A. Società di gestione del risparmio, Generali Insurance Asset Management S.p.A. Società di gestione del risparmio, Generali Investments Luxembourg S.A. und Generali Investments Holding S.p.A. (im Folgenden zusammengefasst Generali Investments). Darüber hinaus kann die Webseite Marketingkommunikation und Finanzwerbung für Produkte und Dienstleistungen von Unternehmen enthalten, die Teil der von Generali Investments Partners S.p.A. Società di gestione del risparmio koordinierten Plattform sind, insbesondere von Infranity, Sycomore Asset Management, Aperture Investors LLC, Plenisfer Investments SGR, Lumyna Investments, Sosteneo Infrastructure Partners SGR, Axis Retail Partners S.p.A. und Generali Real Estate S.p.A. Società di Gestione del Risparmio.

Rechtliche Hinweise
Cookie-Richtlinie
Datenschutzrichtlinie
Geschäftsbedingungen
Urheberrechtsschutz
MiFid