What the Fed’s Rate Hikes Mean for the Economy

FOMC Chair Powell answers a reporter's question at the September 18, 2019 press conference. Via Wikimedia Commons.

This week, the Federal Reserve Board announced yet another interest rate hike by .75 percent. The move was reportedly an attempt to curb inflation, which has skyrocketed since Joe Biden entered the White House. These rate hikes could mean many changes in the market. Here’s what their impact might be:



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Americafirst
Americafirst
1 month ago

What the rate hikes are going to do for me: I won’t be burying anything, period. Too expensive to buy anything on top of higher rates. Powell is a stupid a$$.

D. Richard Tonge
D. Richard Tonge
1 month ago
Reply to  Americafirst

You need to take a course in basic economics since you are obtuse.

bolistic
bolistic
1 month ago

Idiots. I just got my equity bill and noticed the huge increase. This isn’t going to help me purchase other necessities. Government, stay out of my business.

D. Richard Tonge
D. Richard Tonge
1 month ago
Reply to  bolistic

If inflation is worldwide (meaning in every country in the world) explain how the US Government casused this. Bet you can’t

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