The tide appears to be on the turn at the Federal Reserve if recent remarks from officials are anything to by:
- ICYMI - Fed's Waller concedes a tapering announcement could come in September
- Clarida Q&A: I have been surprised by the fall in yields
- Feds Clarida: Expects conditions for raising interest rates to be met by end of 2022
- Feds Bullard: The last time had a run up in cases, it did not have a big impact on the economy
And, this guy has been on about tapering for weeks (months?) now:
Mary Daly remarks just now too:
The next scheduled event when Powell might give us confirmation is Jackson Hole,
- August 26 to 28.
After that perhaps September?