Fed hints at slower interest rate hikes

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Federal Reserve Chair Jerome Powell said Wednesday that the Fed could slow interest rate hikes as soon as December. Larry Adam, chief investment officer at Raymond James, joined CBS News to discuss Powell's comments and what it could mean for the economic outlook.

#news #economy #interestrates

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Are we supposed to thank these banksters for not making us homeless and crippled with 24% credit card fees and debt? GTFOH

cypherlock
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Has anyone Watched “Died Suddenly” on Rumble? 😢

pureblood
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Crash now or later it’s happening. If they raise the rates slower they will prolong the recession anyway

kanegrey
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Yeah i think we're on the right track. The FED knows what its doing. And the chance of anything other than a soft landing is slim. Grocery prices at Walmart began to roll back a month ago. Other prices have stabilized. Next wages need to rise and bring affordability back. Increases in production from the investment in reopening the world economy. The world still has a long way to go to beat Covid, but that's where we're headed.

luke
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Who cares, I don't use interest.

pohakumana