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MNI PODCAST: FedSpeak - Hawkish Fed Signals Seven 2022 Hikes

EXECUTIVE SUMMARY
  • The FOMC delivers a hawkish rate decision, raising rates 25BP but signaling seven hikes in 2022.
  • Powell responds to MNI question by saying balance sheet runoffs could start as early as next meeting.
  • Fed Chair says the central bank will use all of its tools to restore price stability.
MNI Washington Bureau | +1 202-371-2121 | jean.yung@marketnews.com
MNI Washington Bureau | +1 202-371-2121 | jean.yung@marketnews.com

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