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