Easy money is falling out of fashion.
The United States Federal Reserve wrapped up its final policy-setting meeting of the year by announcing it will accelerate the withdrawal of some support it has given the economy during the coronavirus pandemic as its priorities pivot from shoring up the jobs market to keeping a lid on blistering inflation.
At the end of its two-day meeting on Wednesday, the Fed said it is keeping its benchmark interest rate near zero – where it has been since the opening days of the pandemic – but is speeding up its tapering of bond purchases that have helped keep longer-term borrowing costs low.
Load More
Yorumlar
Kalan Karakter: