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Then and Now: How This Fed Liftoff Is Nothing Like That of 2015

  • Expect more aggressive hiking cycle, as many as seven in 2022
  • Powell seen acting too slow to tame decades-high inflation
Jerome Powell

Jerome Powell

Photographer: Brendan Smialowski/AFP/Getty Images

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The Federal Reserve is set for its most aggressive liftoff period in decades -- and one that’s very different from the last one that began in 2015.