CNN Early Start With Christine Romans and Laura Jarrett January 27, 2022 10:10:00
The central bank, it did not hike rates wednesday, but noted the economy is now strong enough to end easy money policies. >> the economy no longer needs sustained high levels of monetary policy support. that's why we're fashion out our asset purchases in ways we expected will soon be appropriate to raise the target range for the federal funds rate. >> yeah, the fed here is an inflation fighting mode, plans to raise interest rates multiple times this year, first one likely in march. rates have been near zero since the pandemic began. the fed slashed rates in march 2020 to help the economy. high...
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