2 Fed Rate Cuts In 2023, But What About Tapering?

At last night’s FOMC meeting, the US Federal Reserve brought forward rate hikes with 2 rate increases by 2023. What is the implication here? The Morning Run speaks to Vishnu Varathan, Head of Economics & Strategy with Mizuho Bank, about this. They also get into whether the market has priced in U.S-China geopolitical risks and Dollar-Yuan dynamics. Additionally, they touch on how the FOMC’s statements will influence BNM’s policy decision when they meet next month.