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MNI Fed Review - Dec 2021: March Is Live

FED

We've published our review of the December FOMC meeting.

  • The FOMC signalled its intentions to hike rates multiple times in 2022 in the face of inflation pressures.
  • The doubling of the taper pace and Powell’s comments keep the door open to rate liftoff as early as March.
  • While the 2023-24 "dot" rate hike pace is seen as moderate, attention is already turning to Fed balance sheet reduction.

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