Pending Danger: Federal Reserve Warns, Economy Is Unstable | WHAT REALLY HAPPENED X-Frame-Options: DENY X-Frame-Options: SAMEORIGIN

Pending Danger: Federal Reserve Warns, Economy Is Unstable

Completely dismissing rising inflation as transitory, the Federal Reserve has indicated interest rates could rise in 2022 a year earlier than predicted.

Federal Open Market Committee officials issued a statement Wednesday indicating that the Fed may begin to raise its interest rate, which currently sits close to zero, sometime next year, earlier than it envisioned three months ago.

This comes as a clear sign that the Fed is concerned increases in inflation may persist, with interest rates used to curtail the issue by raising the cost of borrowing.

Tags:

Comments

SHARE THIS ARTICLE WITH YOUR SOCIAL MEDIA