The Interplay of Fiscal, Monetary Policy with Equities, Economy

By Blu Putnam, Chief Economist
CME Group

Will Unwinding Asset Purchases Impact Equities?

Fiscal policy initiatives helped cushion pandemic’s disruption of economy.
Direct payments helped consumer spending recover sooner than during Great Recession.
Fed tapering of asset purchases not expected to impact economy or inflation.
Withdrawal of quantitative easing could impact equities and bonds over time.