Browsing Tag
Federal Open Market Committee
Fed flags rate hike ‘soon,’ plans for ‘significantly reducing’ balance sheet
WASHINGTON :
The Federal Reserve on Wednesday signaled it is likely to raise U.S. interest rates in March and reaffirmed plans to end its bond purchases that month as well before launching what was characterized…
Fed’s Powell says taper could start in November, finish in Mid-2022
Federal Reserve Chair Jerome Powell said the central bank could begin scaling back asset purchases as soon as November and complete the process by mid-2022, after officials revealed a growing inclination to raise interest rates…