JPMorgan expects the Federal Reserve to end quantitative tightening next week.

Jinse Finance reported that JPMorgan strategists pointed out in a report on Wednesday that, given the tightening liquidity conditions this week, the Federal Reserve may end quantitative tightening at next week's October Federal Open Market Committee (FOMC) meeting. JPMorgan currently expects that, in addition to ending balance sheet reduction at the October meeting, the Federal Reserve will also immediately initiate temporary open market operations, especially those aimed at alleviating funding pressures during settlement days, the end of the Canadian fiscal year, and other periods.