Citi Now Sees Odds Of A December/January Taper Announcement Doubling From From 35% to 65%

Tyler Durden's picture

The most succinct post-mortem summary of the FOMC announcement comes from Citi's Stephen Englander. It is as follows:

After reading the Fed statement, CitiFX Head G10 Strategist Steven Englander says that he would put tapering odds at:

  • 20% December
  • 45% January
  • 25% march
  • 10% Beyond March

Before this meeting his estimates would have been:

  • 10% December
  • 25% January
  • 35% March
  • 30% Beyond March