Hawkish Fed Signals 3 Hikes in 2022; Doubles Pace of Taper to $30bn per month

The US Federal Reserve continued its more hawkish stance in their December policy meeting, both in terms of accelerating its tapering and increasing its median dot plots. The table below summarizes the FOMC meeting statement with the latest Dot Plot given below it.

For the FOMC statement, click here| For the Summary of Economic Projections, click here