CNN Early Start With Christine Romans and Laura Jarrett December 16, 2021 10:16:00
Year. that's up 0% right now. to get there, begin raising rates in march, the fed will taper down its bond purchases, trimming about $30 billion a month from the pandemic stimulus buying. the fed's goal now, keep this economy from overheating. the fed chief says the economy is strong and so is the jobs market despite that lukewarm jobs report last month. what does this mean for your pocketbook? well, stocks jumped monday on the fed's announcement. good news for your 401(k). a good couple of years for stock market investors. higher borrowing costs are coming for a car, a home, or to refinance y...