4.29 FOMC passes through
※This article does not instruct or recommend buy/sell timing.
Please make your own investment decisions.
As expected, the FOMC followed the previous statements.
The market focus was solely on whether there would be a mention of tapering following the lead of the Bank of Canada.
The Bank of Canada has pursued traditional monetary policy, taking the usual possible measures, so there is no particular surprise; however, the North American market is enjoying an economy that is more robust relative to the world, and the recovery pace is stronger in the United States than in Canada.
Considering this situation, it is not wrong to assume that the United States will also follow the Bank of Canada and implement tapering.
In fact, U.S. interest rates have surged ahead of the FOMC.
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