Powells fast-taper signal presages agile Fed on 2022 rates Powells fast-taper signal presages agile Fed on 2022 rates
TUESDAY, DECEMBER 07, 2021
Jerome Powells pivot toward a quicker withdrawal of stimulus paves the way for a more agile Federal Reserve in 2022, one thats willing to raise interest rates faster than expected if inflation lingers or hold back if the pandemic worsens.