FOMC’s Hawkish Stance Hits Markets
Enter your emailSurprising communications on likely rate hikes and inflation over the course of 2022 produced what is seen as a more hawkish tilt to the Federal Reserve’s monetary policy.Yesterday saw the FOMC release its bi-monthly Statement and Federal Funds Rate. The Federal Funds Rate was kept at 0.25% as had been widely expected.
The statement made clear there would be a rate hike at the next FOMC meeting in March, and that net asset purchases would end by this time
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