Federal Reserve signals multiple interest rates hikes in 2022 to help ease inflation

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As inflation soars, the Federal Reserve says it could raise interest rates at least three times in 2022. CBS News senior White House and political correspondent Ed O'Keefe joins CBSN's Lana Zak to discuss that and more.

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Imagine believing that inflation is a real thing and not just greedy people raising prices....

IHMadeThis
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surely someone is benefiting from this upcoming hike on interest rates hmmm 🤨

johnkingangimwithiga
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This guy said the inflation is transitory. I guess not.

rekeke
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It’s the early 80s all over again!! LGBFJB

goatrockhunters
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The FED is a ptivate bank. Is anyone curious how or why the this private bank can manipulate everyone's interest rates?
I understand how this crap works. Do you???

thomasmanning
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Prices not going down. REVELATIONS 3:10 'im sending trouble on the earth to those who didn't sacrifice their material possessions to me'

Crownliving
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Interest rates hikes means SAVERS and Bond holders make more money. This lowers prices and benefits the working class too. The losers are billionaires, people in debt, and trust fund babies investing in the stock market.

NashHinton
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Will savings account interest raise too?

yannip
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It's not all good news. The FED is responsible for most of the inflation in the first place. Now, with the rates going up, the debt will spiral out of control.

Boxagami