In the wake of Friday employment numbers, which while not too hot, nor too cold, were not just right either … a Reuters poll of US primary dealers shows fewer expecting the Federal Reserve to begin tapering in September than a month ago:
- A Reuters poll on July 5 (link is to July 5 article) saw 11 of 17 dealers expecting purchases to slow in September, 3 in October, 2 in December, and 1 in Q1 2014
- The poll taken on Friday now shows 9 expect a Fed reduction in September, 2 in October, 5 in December, 1 in “Q4 2013″, and 1 in “Q1 2014″
- The median estimate of the 18 economists saw an initial Fed taper of $15bn/month (against $20bn/month in the July poll).
