Fed seen as hiking interest rates 7 times in 2022 or once at every meeting

Investors could be in for seven 25-basis-point interest rate hikes this year, or one at each remaining Federal Reserve meeting, considering the central bank has all but admitted this is a seriously behind the curve." according to a note by BofA Global Research.

Financial markets have been preoccupied with the notion of the Fed gearing up for its first rate-hike cycle since 2015 - 2018 juts as the US economy may be slowing down. A warning that there may be limits to how far policy makers can go without triggering fears of an impending recession.

"Aggressive Fed tightenings should affect the economy with a lag, weighing on 2023 growth," Harris and the others wrote.

Read More at https://www.marketwatch.com/story/federal-reserve-seen-as-hiking-interest-rates-seven-times-by-25bps-each-in-2022-or-once-at-every-meeting-bofa-says-11643386065

https://www.reuters.com/world/us/bank-america-says-it-expects-seven-fed-rate-hikes-this-year-2022-01-28/