News > US Fed to likely pursue policy tighter than what thought was imaginable

US Fed to likely pursue policy tighter than what thought was imaginable

The Free Press Journal | 31/01/2022 11:27 AM | Click to read full article

The US Federal Reserve will likely pursue a policy "tighter than what we thought was imaginable even three or four months ago", Citibank's global markets research team said in New York during a virtual briefing.

The bank expects that inflation fueled by supply chain pressures will headline challenges for central banks world-over in 2022. The Federal Reserve signaled last week that it will begin a series of interest-rate hikes in March.