Central Banks
Fed Seen Raising to 4% in 2022 And Signaling Higher for Longer
- Economists’ consensus is for 75 basis-point hike next week
- Rates seen staying at peak in 2023 as Fed battles inflation
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Federal Reserve officials will signal a more hawkish stance next week, with interest rates reaching 4% by December and staying high through 2023, economists surveyed by Bloomberg said.