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Derby’s Take: Economists See Fed Penciling In Two 2022 Rate Increases at FOMC Meeting
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Economists are factoring in a more hawkish interest rate path for the Federal Reserve and expect its officials to reveal that shift in forecasts planned for release on Wednesday.
Based on comments from a range of Fed officials, economists expect that after the two-day Federal Open Market Committee meeting concludes the central bank will accelerate the pace of its so-called taper, or winding down, of its bond buying asset stimulus, with an eye toward completing it by around March.
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