Goldman Sachs anticipates Federal Reserve tapering announcement in May ’24

Goldman Sachs is expecting a tapering announcement from the Federal Open Market Committee (FOMC) at the May meeting (April 30 – May 1 meeting).

we expect the FOMC to announce that it will slow the pace of runoff at its May meeting and begin tapering soon thereafter

we continue to expect runoff to stop in Q1 of 2025 because the runoff should last longer if it proceeds more slowly

This article was written by Eamonn Sheridan at Source