Federal Reserve raises interest rates... again

The Federal Reserve, America’s central bank, brought its benchmark interest rate to a level between 5 and 5.25 percent in an effort to tame inflation. #shorts #interest

[oadka]

Federal reserve trying their best to start a recession 😢

[atindrawsandcooks]

Love your guys’ videos and “What we do in the Shadows”!

[chrisrawr]

Yeah because all those years of nearly 0 percent interest rate did such great things such as inflation and soaring home prices.

[jellypouches]

It's called monetary policy. It's how they fight inflation. Would you prefer $40 bread

[spaceengineeringempire]

They should force bank to raise the account interest to be equal to that of the federal interest. So that we don’t lose money when we store it in the bank.

Like seriously if the banks don’t adapt people will stop depositing money in them and will only be taking money out or use it as a way to use Debit cards or cash checks.

[skidmark]

Greenspan told Reagan once that the reason for the bounce back of the stock market was the added productivity from a higher unemployment rate. He said people are more productive when they are worried about their jobs. American business is the Devil's playground and no one is protecting the people from them.

[kicunya]

We still have one of the lowest interest rates in US history. Keeping interest rates that low increases inflation and devalues dollar.

[matthewthegamer]

That's how you fix inflation in a country is higher interest rates

[marcusbrown]

Well we have too many people that want the tackiest things that coast more than $500

[edwarddehelean]

That's a nice suit! I do recommend matching the pant color to the blazer, but the blazer, tie, and glasses look good.
Keep on, brother!
Oh, I also don't have any loans as I have ~$30 to my name. 😔

[nicevers]

The more the interest rates rise, the more the prices on things Fall.
People want to make money on their investments somewhere.
At least, if the interest rate is high, you can take from the back end by making extra payments on the principle.
You might be getting paid more and paying less for groceries because the interest rates are finally paying people with investments.

[HuevoDuro]

Damn really! I’m putting my money in a CD!

[___.]

Cmon people get into debt and spend beyond your means think of the billionaires and the GDP 🤪🤪🤪

[bwfarrier]

Caused by the never ending printing of money.

[imintheraindripdripdrop]

What else is good with high rates?
I hear saving accounts, what else?

[drincoherent]

Ummm, do you want the dollar to be worth You increase interest rates to slow the supply of money in order to combat inflation

[mdahsanraza]

News for the genz I see!! I have brain aneurism watching this!

[gamerville]

You guys want them to raise the Debt ceiling without taking money from foundations and then complain more when they have to take it from people

[jacknickolstine]

Private bank our gooberment takes loans from on the peoples money.
Sounds like something everyone agrees with.
shadows is a great show.

[WafiLeCool]

Skribwlmii jsneksiaejs, this is concerning but anyways choose your perfect candidate in 2024! Me, Trump and Obama just wanna play Minecraft