UBS: Fed's Powell May Refrain From Signaling QE Taper

The transcript discusses the unexpected reaction of the FX market to a rate hike, despite expectations. It explores the influence of the RBNZ's decision and COVID-19 on rate hikes, particularly in South Korea. The Bank of Korea's rate hike is analyzed, considering economic conditions and future expectations. The discussion extends to regional central banks' reactions and potential interest rate changes. Finally, the Jackson Hole Symposium is covered, with expectations for Jerome Powell's message and its impact on financial markets.

Which regional banks are expected to follow the Bank of Korea's lead in terms of rate hikes?

What is the expected impact of Jerome Powell's message at the Jacksonville symposium?