Watching US Fed’s Forward Guidance: Grace Tam
  • Elizabeth George
  • Sep 18 2013

September 18: The markets have mostly priced in US Fed tapering of about $10-15 billion each month, says Grace Tam, Market Strategist at JPMorgan AMC, adding that any more than that will fuel volatility. She also believes markets will be more focused on the Fed’s forward guidance, which is crucial for cues on tightening since uncertainty will bring in more volatility.