US News

More Fed officials open to speeding up bond-buying taper, rates liftoff

Published by

By Lindsay Dunsmuir (Reuters) -A growing number of Federal Reserve policymakers indicated they would be open to speeding up the elimination of their bond-buying program if high inflation held and move more quickly to raise interest rates, minutes of the U.S. central bank’s last policy meeting showed. The readout released on Wednesday was the latest indication that anxiety about rising inflation at the Fed has now taken root, with many officials at the Nov. 2-3 meeting also suggesting elevated price pressures could prove more persistent. The durability and broadening in price pressures has take…

Read More

Facebook Comments

Check Also

2022 Markets And Fixed Income Commentary

Below is a commentary on the 2022 markets outlook ...