Global Macro Service > Research Briefings > United States
The Fed is retiring its asset-purchase program sooner than it planned a month or so ago, a hawkish pivot in recognition of stubbornly high inflation and a robust economy. Like other participants in the “Great Resignation Wave” however, the journey to retirement could hit a roadblock, prompting another policy rethink. The emergence of Omicron is the most notable culprit standing in the way.
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