🔴 Federal Reserve keeps interest rate unchanged at 0%-0.25%.

🔴 Fed increases bond purchase tapering by $30 billion a month, will now stop adding to its balance sheet in March.

🔴 Fed now predicts the need for 3 interest rate hikes next year, and 3 interest rate hikes in 2023.

🔴 Fed increases its inflation expectations significantly, see at 5.3% this year. - FOMC decision

federalreserve.gov/newsevents/pressreleases/monetary20211215a.htm