Published: Sep 23, 2021, 06:00 IST | Updated: Sep 23, 2021, 06:00 IST
The Federal Reserve on Wednesday cleared the way to reduce its monthly bond purchases “soon” and signaled interest rate increases may follow more quickly than expected, with nine of 18 US central bank policymakers projecting borrowing costs will need to rise in 2022. Watch this report for more details.