Federal Reserve announces fourth interest rate hike of the year

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#news #federalreserve #interestrate

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We're in a recession thanks to idiocy like this and soon, it'll be a depression.

superoldgamesaturday
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This type of stuff is the nail in the coffin for the economy

J_RO-ekrp
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Overall rate hikes are stupid right now. The little guy is getting hit. What we need is a win fall tax. It would be far more effective

MrMagnificents
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I remember a booming economy, energy dependence, low gas prices, and more money in my pocket.

“But Orange man’s tweets were mean, wahhhh!”

mr.mikemach
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This guy is a joke. Federal reserve contribute a great deal to this problem

TheEtbetween
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Doesn't mean much for the rich. But for the poor people, well, let them eat cake.

kraftthisile
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When you’re nature is to spend and not save…it’s hard to tell people to save. People will be people and those who save more during great economic prosperity (when rates are low and things are cheap) will continue to save in times of economic hardship (when rates are high). Sooner or later things even out. I don’t buy for one minute that spending more will help. Ya’ll fellow savers can spend…I’m saving strategically. I don’t need the newest car or the “it” neighborhood…I’m doing just fine.

AlexZ-lcnl
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A better world is coming! 😀😀 In Jehovah God's new world ruled by Christ Jesus everyone will have their own home and live in paradise conditions! Isa 65:21-23

seagullclub
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We need another stimulus check more than ever now. And we need debt forgiveness for student loans. People are hurting out there and President Biden needs to deliver his promises.

Jim-Tuner