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Fed opens to rate hikes earlier than expected

2022-01-05T19:56:01.592Z


Some members due to budget reduction shortly after close (ANSA) Strengthening the economy and the rush of inflation could translate into rising interest rates sooner and faster than expected. This was stated by the Fed in the minutes of the meeting of 14 and 15 December, fearing the possibility of a tightening in a shorter time than expected. "The outlook for the economy, the labor market and inflation could justify an increase in rates sooner and faster than


Strengthening the economy and the rush of inflation could translate into rising interest rates sooner and faster than expected.

This was stated by the Fed in the minutes of the meeting of 14 and 15 December, fearing the possibility of a tightening in a shorter time than expected.

"The outlook for the economy, the labor market and inflation could justify an increase in rates sooner and faster than anticipated", reads the minutes in which it is specified that according to some members of the central bank "it could be it is appropriate to reduce the balance sheet shortly after the start of interest rates. "

Source: ansa

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