After the Federal Reserve's virtual Jackson Hole meeting (27 Aug) last week, Federal Reserve Chair Jerome Powell said the U.S. central bank could begin slowing down asset purchases this year as the U.S. economy recovers from the pandemic, but it won't be in a hurry to raise interest rates. Why was this so and what's next on Tapering and its possible effects? Please find more information in this week's analysis by Lighthouse Canton's Investment Consulting team below.
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