Fundamental Updates: The Final Sprint (16 December 2021) The F | ForexTradingAsia Trade Signals And Analysis

Fundamental Updates: The Final Sprint (16 December 2021)
The Federal Reserve ended its final monetary policy meeting for the year with a bang. While holding interest rate unchanged at the target range of 0-0.25%, the central bank doubled the pace of quantitative easing (QE) tapering from the current $15 billion ($10 billion of Treasury securities + $5 billion of agency mortgage-backed securities) per month to $30 billion ($20 billion of Treasury securities + $10 billion of agency mortgage-backed securities) per month starting from January 2022.

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