Federal Reserve Hints at Interest Rate Hike

NTD Newsroom
By NTD Newsroom
January 27, 2022NTD Business

The Federal Reserve concluded its two-day meeting on Wednesday, and it’s decided to keep withdrawing stimulus from the economy as planned.

In a bid to fight inflation, stimulus in the form of bond purchases will end as planned in March.

After that, we’ll likely see the Fed begin raising interest rates. The Fed also said it may start taking money out of the economy by reducing its balance sheet.

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