The Fed’s tapering conundrum, and China’s divergent path

Philip Saunders, Co-Head of Multi-Asset, explores the tricky balancing act facing the Fed, namely when to begin tapering its considerable support for markets in the face of improving growth prospects and stubbornly high inflation. Meanwhile, China has taken a different path, tolerating lower growth and a volatile equity market in order to address some key challenges that Beijing believes have been rumbling in the background for too long.

21 Sept 2021

21 minutes

Philip Saunders

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Philip Saunders
Director Investment Institute

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