Over the past year, financial markets have greatly benefitted from the Federal Reserve’s swift actions to slash interest rates, embark on unprecedented quantitative easing and even buy corporate bonds during the pandemic. However, as the US economy recovers, and the Fed slows down its stimulus, this could potentially bring on a new wave of volatility for financial markets.

What are the foreseeable implications for investors and how can we capitalise on the opportunities ahead?

Bank of Singapore is privileged to have Dr William C. Dudley, former president and chief executive officer of the Federal Reserve Bank of New York (2009-2018) and Vice-Chairman and permanent member of the Federal Open Market Committee (FOMC), to lend his valuable perspective on how the Fed sees the economic outlook, when the central bank will start tapering its quantitative easing and how long officials will wait before increasing interest rates.