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Federal Reserve accelerates stimulus tapering, signals three interest rate hikes in 2022 - Conservative News and Views
The Federal Reserve said on Wednesday that it will be phasing out its bond-buying stimulus initiative by March. The decreasing rate would be faster than initially planned, and the move signals a more aggressive raise in interest rates to help combat high U.S. inflation. “This is a major pivot from the Fed, prompted by clearer evidence that […]
Terry A. Hurlbut