Economists at Barclays Research , explained to clients that they continue to see March 2014 as the most likely date for the Fed to initiate the tapering of its quantitative easing (QE).
In their opinion the Fed wants to see some combination of stronger payroll growth, an acceleration in economic activity, and some indication that inflation is returning towards its long-run goal before it begins the tapering process.
"We believe the November report will be an important determining factor in the committee's assessment of recent employment trends," they wrote.
Source: LiveCharts
In their opinion the Fed wants to see some combination of stronger payroll growth, an acceleration in economic activity, and some indication that inflation is returning towards its long-run goal before it begins the tapering process.
"We believe the November report will be an important determining factor in the committee's assessment of recent employment trends," they wrote.
Source: LiveCharts
