[Outlook-in-Five] Beginnings & Endings

Last week, the Fed announced it would begin tapering its asset purchase programme and will likely finish its asset purchases by June 2022. While this signifies the beginning of the end of QE, Fed chair Jerome Powell stressed that the first interest rate hike still remains some distance away. As we draw closer to 2022, markets face a tug of war between optimism over the earnings growth recovery and uncertainty over inflation risks. In today’s podcast episode, Jean Chia, our Chief Investment Officer, shares her perspective on how markets could potentially play out and how investors should navigate ahead moving into 2022. Tune in to find out more. For more of our latest market insights, visit:  https://www.bankofsingapore.com/insight-listing.html?