Fed doubles taper, signals three 2022 hikes in inflation pivot

Fed doubles taper, signals three 2022 hikes in inflation pivot

Federal Reserve officials intensified their battle against the hottest inflation in a generation by shifting to end their asset-buying program earlier and signaling they favor raising interest rates in 2022 at a faster pace than expected. Heralding one of the most hawkish policy pivots in years, the central bank said Wednesday it will double the … Read more