Is the Federal Reserve blowing its best chance to fight inflation?
CNN
The Federal Reserve, faced with the highest jump in inflation in almost four decades, is preparing to pivot.
What's happening: Gone are the days when Chair Jerome Powell said inflation was "transitory." When the Fed wraps up its final meeting of the year on Wednesday, it's expected to announce that it will wind down its emergency bond-buying program faster than expected as it tries to curb rising prices.
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