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CFA, Credit Strategy
As is widely known, Fed communication has moved significantly towards a much more dovish tone in the past two months. The change in communication has been twofold, both on rates (the Fed became “patient” and “flexible” on the rate outlook) and on prospects for the so-called quantitative tightening (no longer any “autopilot” in balance-sheet runoff).
Head of Rates & FX Research
Deputy Head of Macroeconomic Research
Amundi Research & Investment Insights Unit , Valentine AINOUZ, Sergio BERTONCINI, Federico CESARINI, Monica DEFEND, Debora DELBÓ, Eric MIJOT, Lorenzo PORTELLI, Ibra WANE
Amundi Research & Investment Insights Unit