Half of the Fed Members Now See the Central Bank Hiking Rates Next Year - NewsBreak

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By Lawce in Business
Updated 3 years ago

Wednesday's forecast showed nine of the eighteen FOMC members expect a rate hike in 2022. That's up from seven in June's Fed projections. The Fed also dialed down its GDP projects for this year and increased its inflation forecast for 2021. Half of the Federal Reserve members now see the...

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