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Update: US central bank signals interest rate hikes in 2022

The Federal Reserve will withdraw support for the post-pandemic US economy more quickly.

The Federal Reserve will withdraw support for the post-pandemic US economy more quickly in response to rising inflation. Chris Low of FHN Financial in New York explains the Fed's new measures, which include three possible interest rate rises in 2022. And Susan Schmidt of Aviva Investors in Chicago tells us how markets reacted to the Fed's announcement.

8 minutes

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