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A major shift is underway at the Federal Reserve that could see a speedier end to its easy policies
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cnbc.comA major shift is underway at the Federal Reserve to begin to remove the central bank's massive pandemic easing policies and could see it hike rates sooner than is priced in by markets.
Comments by Fed officials suggest that the Fed is likely to decide to double the pace of its taper to $30 billion a month at its December meeting next week. Initial discussions could also begin as soon as the December meeting about when to raise interest rates and by how much next year with Fed officials set to submit a fresh round of economic forecasts and projections for the fed funds rate.
There is no consensus yet on when to begin hikes, but it's clear that the faster taper is designed to give the Fed flexibility to hike rates as soon as the spring. The
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