Copying and distributing are prohibited without the permission of the publisher. If you wish to distribute this content please contact Christopher Hunt (firstname.lastname@example.org) for a quote.
Subscribe today: Order Euromoney by contacting us on +44 (0)20 7779 8999 (UK) or +1 212 224 3570.
Tapering: Groupthink trips up Fed watchers
Comb back through reports and analysis filed by sell-side analysts in the run-up to the Federal Open Market Committee meeting on September 18 and you’ll struggle to find any predicting that the Federal Reserve would continue apace with monthly purchases of agency MBS and Treasury securities.
To receive similar stories, sign up for Capital markets emails.