Bloomberg, March 16, 2022, Fed to Hike and Steepen Its Rate Policy Path: Decision-Day Guide
The Federal Reserve is poised to raise interest rates Wednesday for the first time since 2018, with investors focused on how aggressive central bankers plan to be in tackling the hottest inflation in four decades.
The Federal Open Market Committee is all but certain to raise rates by a quarter percentage point at the conclusion of its two-day policy meeting, after Chair Jerome Powell told lawmakers earlier this month that he favored such a move.
