Half of the Fed members now see the central bank hiking rates next year

(CNBC) Half of the Federal Reserve members now see the first interest rate hike in 2022, according to the central bank’s so-called dot plot of projections. Wednesday’s forecast showed nine of the 18 FOMC members expect a rate hike in 2022. That’s up from seven in June’s Fed projections.

To read this article:

This entry was posted in Syndicated. Bookmark the permalink.

Comments are closed.