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The Christian Science Monitor Daily for July 13, 2021

The Christian Science Monitor Daily for July 13, 2021
csmonitor.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from csmonitor.com Daily Mail and Mail on Sunday newspapers.

Will the Federal Reserve Board Really Move Up Rate Hikes to 2022? – Watching America

Posted on July 9, 2021. In the end, will the rate hike start in the latter half of 2023? At the Federal Open Market Committee meeting held on June 16, attention was drawn to the outlook of the 18 members on the commencement of rate hikes, which changed significantly from three months prior, causing surprise in the financial markets. A dot plot in March showed that the majority of members forecast no rate hikes until 2024. Nevertheless, although the view in advance of this FOMC meeting that these would be moved to 2023 was originally said to be spreading, most members’ outlook had changed to two rate hikes in 2023.

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