(Bloomberg) — 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.Most Read from BloombergCan Indoor Farms Reach Skyscraper Height?Zero Taxes, Golf and Beach Houses Create a Crypto Island ParadiseSaudi Arabia Wants Its Capital to Be Somewhere You’d Want to LiveHeralding one of the most hawkish policy pivots in y
— Read on ca.finance.yahoo.com/news/fed-doubles-taper-signals-three-190636867.html
Tag: Rate Hikes
Fed readies markets for three possible rate hikes next year
All 18 Fed policymakers see the case for at least one 25 basis point hike next year, with the median member forecasting three rate hikes before 2022 is over.
— Read on ca.finance.yahoo.com/news/federal-resereve-readies-markets-for-three-possible-rate-hikes-next-year-223229788.html
Fed’s Kashakri calls for no more rate hikes until inflation hits 2%
Kashkari said he wouldn’t be looking to cut rates, but he added that the Fed can be patient now until there are stronger signs of wage growth and until some important economic headwinds such as the trade war and Brexit pass.
— Read on www.cnbc.com/2019/11/04/feds-kashakri-calls-for-no-more-rate-hikes-until-inflation-hits-2percent.html