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Fed will aggressively dial back its monthly bond buying, sees three rate hikes next year

Summary by Ground News

The Fed's new forecast that it will raise its benchmark short-term rate three times next year is up from just one rate hike it had projected in September. The Fed's key rate, now pinned near zero, influences many consumer and business loans, including for mortgages, credit cards and auto loans.

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The Korea Times

Fed signals three rate hikes in the cards in 2022 as inflation fight begins

The Federal Reserve said on Wednesday it would end its pandemic-era bond purchases in March and pave the way for three quarter-percentage-point interest rate hikes by the end of 2022 as the economy nears full employment and the U.S. central bank copes with a surge of inflation.

3 years ago·Korea, Republic of

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The Nation

US Federal Reserve signals three rate hikes for 2022

The US Federal Reserve signaled Wednesday as many as three interest rate increases for 2022, in an aggressive move to tame record inflation. The projections

3 years ago·Lahore, Pakistan

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Fox News

Federal reserve projects 3 interest rate hikes in 2022

Fox Business' Charles Payne reacts to the federal reserve's plans for interest rate increases in the coming year on 'Special Report.'

3 years ago·New York, United States

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News18 India

Fed Signals Three Rate Hikes In The Cards In 2022 As Inflation Fight Begins

The Federal Reserve said on Wednesday it would end its pandemicera bond purchases in March and pave the way for three quarterpercentagepoint interest rate hikes by the end of 2022 as the economy nears full employment and the U.S. central bank copes with a surge of inflation.

3 years ago·India

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The Times

US Federal Reserve signals three rate rises next year

Most Federal Reserve policymakers believe interest rates will rise at least three times in the US next year after the Fed accelerated plans to taper support f

3 years ago·London, United Kingdom

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This Is Money

US Federal Reserve plots three rate interest hikes as inflation soars

The Federal Reserve held its main interest rate at the rock-bottom level of 0pc to 0.25% last night after a two-day meeting of its rate-setting committee.

3 years ago·United Kingdom

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