Federal Reserve Chairman Jerome Powell indicated that inflation is soft and there are no immediate plans to start tapering on bond repurchases. Joe Kalish, Chief Global Macro Strategist at Ned Davis Research, discusses the implications of Powell’s statement including Ned Davis’ asset allocation strategies, and the likelihood of a taper tantrum again.

Image Credit: Shutterstock.com

Produced by: Dayana Mustak

Presented by: Lyn Mak, Noelle Lim, Roshan Kanesan

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Tags:  fed,  US treasury yields,  taper tantrum