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17.12 - 14:41
Fed Officials Project Three Interest Rate Rises in 2022 and Accelerate Stimulus Wind-Down
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The Federal Reserve set the stage for a series of interest rate increases beginning next spring, completing a major policy pivot that showed much greater concern about the potential for inflation to stay high.
Most central bank officials, in projections released Wednesday at the conclusion of their two-day meeting, penciled in at least three quarter-percentage-point rate increases next year. In September, around half of those officials thought rate increases wouldn’t be warranted until 2023.
Read more on wsj.comAbout this in other media
Bank of Mexico Accelerates Interest-Rate Increases wsj.com /2 years ago
What the interest rate rise means for your mortgage, debt and savings theguardian.com /2 years ago
Bank of England raises interest rates to 0.25% theguardian.com /2 years ago
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