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Fed will aggressively dial back its bond buying, sees three rate hikes next year

Posted on AllSides December 15th, 2021
From The Center

The Federal Reserve provided multiple indications Wednesday that its run of ultra-easy policy since the beginning of the Covid pandemic is coming to a close, making aggressive policy moves in response to rising inflation.

For one, the central bank said it will accelerate the reduction of its monthly bond purchases.

The Fed will be buying $60 billion of bonds each month starting in January, half the level prior to the November taper and $30 billion less than it had been buying in December. The Fed was tapering by $15 billion...

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https://www.cnbc.com/2021/12/15/fed-will-aggressively-dial-back-its-monthly-bond-buying-sees-three-rate-hikes-next-year.html

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