Federal Reserve Prepares to Raise Rates in Mid-March

P.M. Edition for Jan. 26. The Federal Reserve is holding interest rates steady for now, but is preparing to raise them in mid-March to combat high inflation. The central bank also is winding down stimulus measures put in place during the height of the pandemic. Michael Derby, a special writer for WSJ Pro Central Banking, joins host Annmarie Fertoli to discuss.
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