Wednesday, December 15, 2021
business
Fed accelerates backward bond purchases – rate hikes in 2022
In view of the high inflation, the US Federal Reserve is accelerating the scaling back of its bond purchases and expects up to three increases in key interest rates in the coming year. The Federal Reserve has announced that it will reduce its bond purchases to support the economy in the corona pandemic by 30 billion dollars per month, twice as much as before. The key interest rate will initially remain between zero and 0.25 percent.