Listen: Street Talk | Episode 87: Fed could raise rates sooner, but 1970s-style inflation not on the table

The Federal Reserve might have to raise short-term rates sooner than expected and that could prompt the central bank to end the tapering of its bond purchases early in 2022, according to S&P Global Ratings Chief U.S. Economist Beth Ann Bovino. In the episode, Bovino discussed the outlook for economic growth, inflation and the labor markets, and how those factors will impact future Fed policy.