Fed doubles taper, signals three 2022 hikes in inflation pivot
Heralding one of the most hawkish policy pivots in years, the central bank said Wednesday it will double the pace at which its scaling back purchases of Treasuries and mortgage-backed securities to $30 billion a month, putting it on track to conclude the program in early 2022, rather than mid-year as initially planned.
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.
Fed sees three interest rate hikes in 2022 as inflation fight begins
The Federal Reserve, signaling its inflation target has been met, on Wednesday said it would end its pandemic-era bond purchases in March, paving the way for three quarter-percentage-point interest rate increases by the end of 2022 as it exits from policies enacted at the start of the health crisis.
U.S. central bank expects to raise its benchmark interest rate 3 times next year
The Federal Reserve will quicken the pace at which it's pulling back its support for the economy as inflation surges, and it expects to raise interest rates three times next year.
Fed will tighten credit faster and sees 3 rate hikes in 2022
The Federal Reserve will quicken the pace at which it’s pulling back its support for the post-pandemic U.S. economy as inflation surges, and it expects to raise interest rates three times next year