Federal Reserve raises interest rates by 50 basis points

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[ironmikehallowween]

This is where rates belong. There should be a cost for borrowing money, and there would’ve always been without Fed intervention. They are now doing what they always should’ve be doing.

[thomassmith]

Welcome to stagflation. The poor and middle class is going to get absolutely destroyed in 2023.

[wrightdean]

Even with the current dip in crypto, I’m still glad I can smile at my portfolio of $65, 700 built from my weekly trade, I’m having my fourth withdrawal in 7 business days, Mrs. Elizabeth brooks wright all made that happen

[chri]

That forecast is a joke. Inflation is already done

[truepersona]

A dovish half percent hike and a very Merry Christmas to you all and Happy Holidays to whom it may concern.

[swaep]

* GEGR.. Gaensel Energy Group. 5 Divisions. Expansion plans to Canada, Latin America, USA. 20 Co's in 1. Profitable.

[Matthew-hxkg]

I think the pandemic has taught people the importance of multiple streams of income unfortunately having a job doesn’t mean security

[swaep]

104 % Gains Week. * FFIE.. Faraday Future. The Ultimate intelligence TechLuxury Ff 91 Futurist Spa Function, Zero Gravity 60 degrees Rear Reclining Seats, 1, 050 hp SUV EV. New Global CEO Investor Conference Today Thursday.

[premchettri]

Looking at lag and inflation data ( not total inflation accounted here), I wont be surprised if Fed targets 6 by end of next year. So I bet the safe is to assume atleast 5.5 and staying there for 1 years to 18 month, until market get killed or recession will force Fed to pivot !! 2023 will see mass layoff, wont surprised average 20-30% workforce downsizing on high tech firms ( specially IT ), when digital consumption suffers and slows

[gion]

i think biden is worrying on lgbt than economy

[Imran-Shah]

Einstein said that if you keep doing the same experiment again, the results are expected to be the same. The FED keeps raising interest rates in the hope to stem inflation. Maybe there is more to it than just the interest rates? Meanwhile the economy gets hurts pretty bad...2023 recession? Thanks FED

[Smartskull]

Stop having kids y’all! No one asks to be born, & no one has the moral right to inflict serious, preventable harms upon others without their consent—harms being pain, fear, worry, sickness, injury, grief/loss, fatigue, death. Besides, it’s morally wrong to place someone in a position from which death is the only escape

[andre-le-bone-aparte]

Powell only have one song on his playlist right now: Prince - When Doves Cry 🕊😢😂

[willberry]

Fed has no idea where it is going to end up. Rates will be cut next year CPI is lower then 7.1% already. It will be 6.5% next month

[mickwelch]

Stupid to keep raising it until the economy goes over the cliff!!

[peterbergeris]

Time to buy more or sell it all and get back in when the mkt downturns which it will after this conference call. The fed missed the ball. Not much of a Christmas. Growth is slowing n unemployment will rise.

[ryugurena]

I was told there would be a santa rally, my calls are worthless!

[mid-classvssup-rich]

GOSH I WANT CRASH GIME GIVE IT 2 ME LOL.
Remember when ppl buy the dip fedz swing trader frenz can't make money.
I mean who doesn't like the dip hah

[crispark]

The Fed should wait for things to adjust to the recent interest rate changes. Just like it took a while for inflation to hit after the pandemic it takes a while for the economy to balance out. A wait and see approach would be prudent. Otherwise we will be back to dolling out millions to people to stimulate the economy after another recession. America can't sustain the current strategy for keeping our capitalist economy running. We need NEW FRESH IDEA people in our government who can come up with something besides "let's give people money" to "Let's give rich people TAX Breaks!" Neither actually work for ALL AMERICANS, especially the MIDDLE CLASS!