This is bad news how?

The economy is recovering faster than had been expected as recently as this spring. Great reason to panic, apparently. WSJ: Federal Reserve officials signaled they expect to raise interest rates by late 2023, sooner than they anticipated in March, as the economy recovers rapidly from the effects of the pandemic and inflation heats up. Their median projection showed they anticipate lifting their benchmark rate to 0.6% fro...

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source https://thereformedbroker.com/2021/06/16/this-is-bad-news-how/