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Federal Reserve signals plan to hike up interest rates next year

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The Federal Reserve announced Wednesday plans to accelerate the process of cutting down on its bond-buying program amidst concerns over inflation. The Fed also signaled that interest rates could see an increase next year.

Here & Now's Scott Tong talks with Roben Farzad, host of public radio's "Full Disclosure."

This segment aired on December 16, 2021.

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