The additional guidance could provide more clarity on what conditions would eventually prompt the Fed to increase or decrease the pace of bond purchases.
JPMorgan is one of the few Wall Street banks that’s predicting a major shift in gold and crypto markets as digital currencies become increasingly popular as an asset class.
BlackRock Inc.’s $56 billion iShares iBoxx $ Investment Grade Corporate Bond (LQD) -- the largest credit ETF -- posted an outflow of $1.3 billion on Tuesday, the second-largest outflow for the fund.