From last week, the Federal Reserve laid out their plan to finish tapering by the end of the first quarter and to potentially raise interest rates three times in 2022 and three times in 2023 (with the Fed Funds Rate being .90% by the end of 2022 and 1.6% the end of 2023). They now expect inflation to be 2.6% in 2022, (this will likely prove to be way too low).