FOMC Takeaways: Macro Matters

An episode of the FICC Focus podcast, hosted by Bloomberg Intelligence, titled "FOMC Takeaways: Macro Matters" was published on January 27, 2022 and runs 22 minutes.

January 27, 2022 ·22m · FICC Focus

Summary

In this Macro Matters edition, host and BI Chief U.S. Interest Rate Strategist Ira Jersey is joined by BI's head of Fixed Income Market Structure Research Sean Savage and Interest Rate Associate Strategist Angelo Manolatos. Jersey shares his takeaways from the Jan. 26 FOMC meeting and post meeting press-conference, as well as the market reaction. Savage discusses how the central bank continues emphasizing its policy rate target as its main tool, and also the composition of the FOMC's balance sheet and how the T-bill portfolio may evolve. Manolatos says how the MBS unwind may be a bit different than last time and weighs in on the Bank of Canada's decision.

Episode Description