FOMC Takeaways: Federal Funds Rate & Tapering At Double Pace

Published: Dec. 15, 2021, 11:14 p.m.

b"The FOMC announced that it will keep the target range for federal funds rate at 0 to 0.25%, while doubling the pace of taper to $30B a month. Nasdaq's Jill Malandrino weighs in on the median forecast showing three rate hikes in 2022 and three rate hikes in 2023. Additionally, how will the markets react to the FOMC trimming the monthly MBS purchase rate by $10B?"