News Analysis
The Federal Reserve indicated that it will pursue a more aggressive policy to fight inflation in a new FOMC statement released on Wednesday.
Fed Announces Monetary Policy Update for December
The new policy brief indicated a more aggressive program of rate hikes, but the stock market was undisturbed by the news
Federal Reserve Chair Jerome Powell prepares to testify before a Senate Banking Committee hybrid hearing on oversight of the Treasury Department and the Federal Reserve on Capitol Hill in Washington, on Nov. 30, 2021. Elizabeth Frantz/Reuters
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