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Fed: QE taper discussions to intensify over the summer - Credit Agricole

eFXdata reports that Credit Agricole CIB Research expects QE tapering discussions increase over the Summer months ahead of Jackson Hole Symposium.

"We think that the Fed’s gradual move towards the exit of its monetary easing policies should boost FX vols across the board. In that, we expect the QE taper discussions at the FOMC to intensify over the summer months and, potentially, lead to an announcement at the Jackson Hole central bank symposium on 26-28 August. To the extent that this boosts the USD and UST yields, it could fuel both FX and rates vol," CACIB adds. 

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