Apr 14, 2021 02:54 AM (GMT+8) · EqualOcean
According to Rick Rieder, chief investment officer of BlackRock global fixed income, the CPI report released by the United States on Tuesday reinforces the view that the economy is entering a period of "stronger but not excessive inflation" and that deflation in many areas is coming to an end. He wrote in the research paper that the Federal Reserve will keep the current easing speed unchanged, while officials are waiting for more actual data, "the financial situation should remain fairly loose for a period of time, and we think there is a risk of overshoot.". "We believe that the Fed should be able to start reducing the size of asset purchases earlier than many people expect, perhaps before the end of this year or early next year", which indicates that the Fed's communication on its plan "may start as early as the June meeting".

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