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Fed officials discussed raising rates sooner and faster in 2022

24 days ago·New York, United States
Articles
G
General Summary
Federal Reserve officials deliberated the path ahead for interest rates at their December meeting, suggesting that they may need to remove their support for the economy more quickly than they had previously expected at a moment of high inflation and rampant uncertainty.
Summary by Ground News
Yahoo News

Fed may need to hike rates faster, reduce balance sheet quickly, minutes show

Federal Reserve officials said last month that the U.S. labor market was "very tight" and might need the U.S. central bank not just to raise interest rates sooner than expected but also reduce its overall asset holdings to tame high inflation, according to minutes of their Dec. 14-15 policy meeting. The minutes, which were released on Wednesday, offered more details on the Fed's shift last month towards a more hawkish monetary policy. The minu…

24 days ago·Los Angeles, United States
Ownership:Verizon Communications
Reuters

Fed may need to hike rates faster, reduce balance sheet quickly, minutes show

Federal Reserve officials said last month that the U.S. labor market was "very tight" and might need the U.S. central bank not just to raise interest rates sooner than expected but also reduce its overall asset holdings to tame high inflation, according to minutes of their Dec. 14-15 policy meeting.

24 days ago·United Kingdom
Ownership:The Woodbridge Company
abc News

Fed officials now seeing US job market near full recovery

Federal Reserve policymakers at a meeting last month said the U.S. job market was nearly at levels healthy enough that the central bank's low-interest rate policies were no longer needed

24 days ago·United States
Ownership:The Walt Disney Company
Associated Press News

Global stocks tumble after Fed signals faster rate hikes

BEIJING (AP) — Global stocks and Wall Street futures tumbled Thursday after investors saw minutes from a Federal Reserve meeting as a sign the U.S. central bank might hike interest rates faster to cool inflation.

23 days ago·United States
Ownership:Independent Media
New York Times

Fed officials discussed raising rates sooner and faster in 2022.

Minutes from the Federal Reserve’s December meeting show that officials are contemplating when and how quickly to lift interest rates.

24 days ago·New York, United States
Ownership:The Vanguard Group, Carlos Slim, Sulzberger Family, BlackRock
IBTimes

Fed Sees Rate Hikes 'Sooner' As Inflation Spikes: Meeting Minutes

Federal Reserve officials last month were concerned about the Omicron impact, but believed the US economy had recovered enough from the pandemic downturn that interest rate hikes could come sooner than expected, according to minutes of the December meeting released Wednesday. The document provides a behind-the-scenes look at the deliberations of the Fed's policy committee, which convened as the US central bank faced increasing pressure to act ag…

24 days ago·United States
Ownership:IBT Media

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