Tickmill Group: The Fed may adjust its quantitative tightening policy

Odaily Planet Daily News: Tickmill Group analyst Monelli said in a report that the policy adjustment that may occur at the Fed meeting is the quantitative tightening plan. The recent meeting minutes emphasized that due to the looming debt ceiling issue, "foreign exchange reserves may fluctuate significantly in the coming months." The market strategist said this may prompt the Fed to "consider pausing or slowing the pace of shrinking its balance sheet." He said that any adjustment to the quantitative tightening plan may be seen as a cautious and moderate signal from the Fed. (Jinshi)