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Why the Fed feels now is time to tighten credit more quickly

WASHINGTON (AP) For months, Federal Reserve Chair Jerome Powell responded to surging inflation by counseling patience and stressing that the Fed wanted to see unemployment return to near-pre-pandemic levels before it would raise interest rates.

Why the Fed feels now is time to tighten credit more quickly

For months, Federal Reserve Chair Jerome Powell responded to surging inflation by counseling patience and stressing that the Fed wanted to see unemployment return to near-pre-pandemic levels before it would raise interest rates.

Fed will tighten credit faster and sees 3 rate hikes in 2022

Fed will tighten credit faster and sees 3 rate hikes in 2022
mymotherlode.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mymotherlode.com Daily Mail and Mail on Sunday newspapers.

The Nashville Ledger

The Nashville Ledger
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Fed will tighten credit faster and sees 3 rate hikes in 2022

WASHINGTON (AP) With inflation surging and unemployment falling, the Federal Reserve said Wednesday that it will shrink its support for the economy more quickly and expects to raise interest rates three times next year.

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