[Mish's Daily] Will the Upcoming Fed Meeting Affect the Market?

August 25, 2021
Will the Upcoming Fed Meeting Affect the Market?
Written by Forrest Crist-Ruiz

With the Jackson Hole Fed meeting coming up, the market could be expecting taper talks as the Fed at some point will be looking to decrease their 120-Billion monthly bond-buying program.

However, the Fed has been very accommodative and with the Covid-19 delta variant, does not want to jostle the economy and market.

Additionally, the economy continues to struggle with supply disruptions giving further reason for the Fed to hold off on tapering.

Therefore, if taper talk is addressed, it's likely to be pushed further down the road into 2022.

Bye for now,

Mish and Forrest

MICHELE SCHNEIDER
Director of Research & Education
MarketGauge

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