Fed Officials Project Three Interest Rate Rises in 2022

  • by:
  • 03/02/2023

Federal Reserve officials projected Wednesday there will be at least three interest rate rises next year in efforts to curb high inflation rates.

Officials also approved plans to more quickly scale back the Fed’s pandemic stimulus efforts, the Wall Street Journal reports.

On Wednesday, officials voted to hold rates near zero, but the latest projections are a significant shift from just three months ago. In September, around half of those official thought rate increases wouldn’t be warranted until 2023.

Image: by is licensed under


View All

CHARLIE KIRK asks 'Why does no one mention peace?' as Zelensky meets with Biden at White House

“Why is no one in the American government mentioning a peace deal? As if it's some sort of foreign co...

NICOLE RUSSELL: Don't rush to judgment on Russell Brand — our boys' lives depend on it

Rape is a serious charge, and while it should never be taken lightly, believing all charges would be ...

34% of children put on puberty blockers by UK gender clinic suffered mental health issues, new findings show

The mental health of 34 percent of children “reliably deteriorated" after being placed on puberty-blo...

EXCLUSIVE: Katy Faust exposes how Ukraine's surrogacy industry has led to global child trafficking

We don't know what happens to the children that are unused and discarded, donated.”...

© 2023 Human Events, Privacy Policy