Here’s how the Fed’s interest rate hike affects you

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The Fed raised the interest rate hike another 0.25% on February 1, 2023. Yahoo Finance anchor Julie Hyman breaks down how this higher rate affects consumers in the finance and housing sectors. #yahoofinance #shorts #fed #interestrates #finance #economy

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Комментарии
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After record low rates for over 10 years, it is time to reward people who forgo conspicuous consumption and save pennies. Its amazing how quickly people complain about high rates.

functionalvanconversion
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annual yields on savings needs to keep going up.

BobRooney
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I don't no if it will be good cause people are going to stop buying, there for the businesses w/o get hit hard some won't even be able to stay open so I don't no if that's really what there going after or just trying to kill as much business as possible

irenegriego
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People can’t afford food, medicine and soon the roof over their heads😭😭

rrosen
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Imo long term impact of high interest is worse than inflation. Dunno i think that even though interest helps the poor a bit it hurts actual middle income families the real winners are rich.

hmmmmm
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Why can’t we print counterfeit money and loan it to the government with interest?

Jonathan-ucdo
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The undesired area’s suddenly drop through all markets, suddenly too 🤕
Otherwise buying land, building a subdivision and new housing, in desirable areas, just goes up 🤑

jlm
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Capital one Im was giving 5.5 on savings and I believe it’s about 4.8 now, the 3-6-&1yr bonds all up above the 3-10 etc. you can make money in any condition don’t let them fear gauge your wallet. Good luck my fellow human

thegamerboneless
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The Federal Reserve is the public lender for monetary policy and therefore has the right to regulate inflation till it is reduced to its target 🎯 rate of 2%

SamuelSurbrook
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The government needs to build more homeless shelters because the homeless population will skyrocket these next two years 😢. But hey, as long as they hit there target what do they care.

LoganGraceHope
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Quit pitching about 6% interest rate that way less than we paid in the 70's, 80's, 90's into the 2000's.
I paid 8.5% on a house in 1978 when my wage was 7 bucks an hour.
Learn how to save on everything, and pay cash.

kevinpurcell
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This is good news for future generations. The more interest rates go up, the more home values will DECLINE. God bless, America.

Dee-wy
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USD will get stronger and stronger while gold price will fall

benzvd
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High interest rates are a good thing. RESIDENTIAL real estate values are declining YoY nationally. This decline will continue for years. Decade. God bless, America. God bless, HIGH RATES.

Dee-wy