JUST IN: Fed Likely To Increase Interest Rates Next Year As They Pull Back On Bond Purchases
Published Date: 12/15/2021
Source: Forbes Breaking News
Fed Chair Jerome Powell announced new policy decisions from the Federal Reserve, which included cutbacks on bond-buying, lower stimulus, and the likelihood of interest rate increases in the next year or two in response to a stronger economic recovery than anticipated, a hot labor market, and rising inflation. Stay Connected Forbes on Facebook: http://fb.com/forbes Forbes Video on Twitter: http://www.twitter.com/forbes Forbes Video on Instagram: http://instagram.com/forbes More From Forbes: http://forbes.com