Coverage dated December 13, 2021 to December 14, 2021
Fed will tighten credit faster and sees 3 rate hikes in 2022
Headline from WHEC Rochester
WASHINGTON (AP) — 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
Herald Bulletin's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.
Consumer prices are rising at a pace not seen in nearly four decades. NPR's Rachel Martin talks to David Wessel of the Brookings Institution about the Federal Reserve's two-day policy meeting.
The change in policy marks a significant shift in how the Fed is responding to economic pressures during the covid pandemic, and could affect everything from mortgages and car loans to business investments.
WASHINGTON (AP) — 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
The Federal Reserve will wrap up its pandemic-era stimulus program faster and expects to raise interest rates more in 2022 than projected in September.
Identical headlines usually mean shared wire copy. They are counted as separate articles but are not independent confirmation.
