17 March 2021
3 min read
☀ FOMC Day - Connecting the dots
Markets in a holding pattern ahead of the main event tonight...
Zoltan tells us the SLR expiry doesn't actually matter after all...
Today is the first proper test of the new framework...
And this survey from Roberto Parli suggests that markets don't believe in it just yet...
- 77% of respondents expect the first rate hike before the end of 2023
- 35% expect it to come before the end of 2022...!
Although there's some serious inconsistency here...
4/5 Respondents seem to have internalized the #Fed's guidance on QE a lot better. Median answer is that QE will not
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