The Fed: Fed accelerates taper of bond purchases, eyes three interest-rate hikes in 2022

The Federal Reserve on Wednesday said it would accelerate the pace of its taper of asset purchases, and eyed three hikes of short-term interest rates in 2022.

The Federal Reserve on Wednesday said it would accelerate the pace of its taper of asset purchases, and eyed three hikes of short-term interest rates in 2022.