Fed minutes point to faster rate hikes

Policymakers are concerned about the labour market

clock • 1 min read
The Fed also discussed the shrinking of its almost $9trn balance sheet, which grew rapidly during the pandemic.
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The Fed also discussed the shrinking of its almost $9trn balance sheet, which grew rapidly during the pandemic.

Federal Reserve policymakers have said rates in the US will increase “relatively soon”, as the country’s tight labour market continues to put pressure on its economy.

At the meeting in December, policymakers said that increasing rates faster than previously anticipated "may become warranted". The Fed also discussed the shrinking of its almost $9trn balance sheet,...

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