Fed: FOMC-Protokoll – Angst vor Stagflation, schnelleres Tapering wahrscheinlich

Hier die wichtigsten Aussagen aus dem FOMC-Protokoll (das sich auf die letzte Fed-Sitzung vom 02./3.November bezieht):

– Fed hat Sorge vor Stagflation: „The staff continued to judge that the risks to the baseline
projection for economic activity were skewed to the downside and that the risks around the inflation projection were skewed to the upside.“

Das FOMC-Protokoll im Wortlaut finden Sie hier..

– schnelleres Tapering: „Some participants preferred a somewhat faster pace of reductions that would result in an earlier conclusion to net purchases.“

– Inflation Nix transitory?? „Members agreed it would be appropriate to convey less certainty about the path of inflation“

– schnellers Tapering, dann Zinsanhebungen: „Some participants suggested that reducing the pace of net asset purchases by more than $15 billion each month could be warranted so that the Committee would be in a better position to make adjustments to the target range for the federal funds rate“

– Gefahr Inflations-Erwartungen: „a number of participants discussed the risk that, in light of recent elevated levels of inflation, the public’s longer-term expectations of inflation might increase to a level above that consistent with the Committee’s longer-run inflation objective“

Shorter FOMC: We were dead wrong about inflation, and asset prices are the biggest bubble in history. But we are not going to do anything about it. So get your boosters and eat the bugs.

— Stalingrad & Poorski (@Stalingrad_Poor) November 24, 2021