Fed leaves gradualism behind with urgency on interest rates

January 06, 2022 1:11 PM

MCLEAN, VIRGINIA (BLOOMBERG) – Federal Reserve officials are preparing to move faster than their previous round of tightening to keep a high-inflation and a near-full-employment economy from overheating, leaving behind the gradualism that marked the central bank’s approach in the prior decade.

Source : https://www.straitstimes.com/business/economy/fed-leaves-gradualism-behind-with-urgency-on-interest-rates