Oct 14, 2021 09:44 AM (GMT+8) · EqualOcean
Guosen Securities pointed out that at present, the market is generally expected that the Federal Reserve will announce the opening of taper after the interest rate meeting in November. We believe that with the economic recovery and higher inflation, the monetary policies of central banks will gradually return to normality. In fact, we have seen that since September, in addition to the Federal Reserve, some overseas central banks such as the European Central Bank and the Bank of England have stated that the monetary policy will be tightened. Therefore, we believe that the most loose liquidity stage in overseas markets may have passed.