(29 September 2021) On Sept. 22, the U.S. Federal Reserve announced that it would probably start tightening monetary policy in 2022. Markets hardly noticed the announcement, though, likely because the Fed continues to inject $120 billion of new money into the economy each month. 

  • So far in 2021, the Fed has already purchased U.S. Treasury securities and mortgage-backed securities worth $1.1 trillion. 
  • Given that the expansionary monetary policy after the Great Recession resulted in high dependency of the stock markets on the Fed's assets expansion, shutting down the printing presses would be a difficult decision for the Federal Reserve.

Coronavirus Data and Insights

Live data and insights on Coronavirus around the world, including detailed statistics for the US, EU, and China — confirmed and recovered cases, deaths, alternative data on economic activities, customer behavior, supply chains, and more.

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