In policy shift, Fed projects 3 interest rate hikes in 2022
The central bank signaled it could start raising interest rates as early as next spring as it announced a speedier shutdown of a COVID-19 recovery bond-buying stimulus program.
The Federal Reserve building is pictured in Washington, DC, U.S., August 22, 2018.(photo credit: REUTERS/CHRIS WATTIE/FILE PHOTO)ByDON LEE/LOS ANGELES TIMES/TNS