Have You Primed Your Portfolio for Rising Rates?
December 17, 2021 at 10:15 AM EST
At its most recent meeting on Wednesday, the Federal Reserve announced that it will increase its bond tapering yet again starting in January, moving up the goalposts for concluding the stimulus by the central bank, reports CNBC. Current projections have most Fed officials anticipating up to three interest rate increases next year, as its inflation outlook rose drastically for 2021.