Jerome Powell

Geopolitical events have replaced Covid concerns

No outcome favoured

Driven by by shelter, used cars and food

6.8% year-on-year rise

As US president Joe Biden reaches the end of his first year, Investment Week asks experts whether hopes have materialised, what the road ahead looks like and how US policy decisions could impact global markets.

Tech stocks slumped

Joe Biden's decision widely welcomed

The US Federal Reserve’s decision to taper is a “non-event”, according to industry experts, who said the move came as no surprise to markets.

Reduces monthly pace of its net asset purchases

Fed will ‘take appropriate actions’ based on findings