It was an important meeting. The Fed has increased their optimism about the U.S. economy. It looks like they will soon begin to ease off some of their stimulus by reducing the size of their bond-buying program. Since May 2020, the Fed has been buying $80 billion in Treasurys and $40 billion in mortgage-backed bonds each month to help push down longer-term interest rates and add liquidity to the market. At their next meeting in November, they plan to announce a tapering of those bond purchases and begin the process shortly afterward. They will end it in mid-2022, assuming the economy stays on track.
Here's what this indicator is saying about US stocks right now. ACTIVE INVESTOR WEEKLY EDITION: January 21, 2022 View in a browser FIDELITY VIEWPOINTS ® WEEKLY EDITION: January 21, 2022 Bollinger band stock signal Here's what this indicator is saying about US stocks right now. Read more CHART OF THE WEEK Inflation and corporate consolidation US industries have become