Reuters conducted the polling, with the results (in summary):
- 28 of 43 said the Fed is likely to announce a taper of its asset purchases – currently set at $80 billion of Treasuries and $40 billion of MBS per month – at its September meeting
Comments from one analyst who is not amongst that majority:
- “I know some Fed officials are pushing for it to happen at the September meeting, but that is very unlikely,” said Jim O’Sullivan, chief U.S. macro strategist at TD Securities.
- “November is possible if the next two employment reports are strong enough, but the odds favor December as the time of the formal announcement.”
Here are the dates of FOMC meetings still to come this year:
