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Fed expected to signal interest rate hike I ABCNL

   January 30, 2022  23 Comments on Fed expected to signal interest rate hike I ABCNL

ABC News Business Correspondent Deirdre Bolton discusses what to expect with the Fed on the verge of stepping in with interest rate hikes to get prices under control for consumers.

#ABCNews #Interestrates #Business #Consumers #Prices

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23 thoughts on “Fed expected to signal interest rate hike I ABCNL”

  5. LOL wrong. The fed is bluffing to give the appearance of doing something. These people are wealthy and a lot of that wealth is tied up in assets and equities which would be destroyed if we raised interest to the 20% needed to stop inflation like Volcker did in the '80s. Fact is if we raised rates to the required amount today, it would trigger a debt crisis as we would struggle to afford interest on our deficit spending. It is 100% in their best interest to rob the American people blind through inflation to keep their investments from taking a dive and you bet that's what will happen. At most, we will see token rate hikes to 3% or so, which while it might temporarily spook the market, it will be pathetically inadequate for tempering inflation. Don't believe a word they say until Pelosi exits her positions.

  7. US Inflation and supply chain issues are as bad as it was under Trump's presidency when rubbish bags were used for PPE.

    REPUBLICAN MAGATs & QANON ARE TOO SCARED to treat Oil company and Supermarket executives like they do Vote officials and Fauci.

    REPUBLICAN MAGATs & QANON ARE TOO SCARED to protest outside executives houses or to send them and their family members threats.

  11. While inflation unfortunately is a regular occurrence, and when one presidential administration keeps it low, it eventually gets raised regardless. However the key to the timing of this raise is due to the fact we're probably heading towards all out war with Russia, China, & probably North Korea. And while we're busy helping our allies in Eastern Europe and along the S. China Sea, the Middle East will take that opportunity to ignite as well.
    Wars cost money, and this is a tell-tale sign the US is preparing for an even larger war than the last 21 years in Iraq & Afghanistan.

  14. President Biden is just like President Carter. I want 10% interest on my bank accounts. One has $100,000 and the other is around $40,000.

  18. In all seriousness, and I know that there are many people who disagree with me, but reality is still reality and truth is still truth.

    The US Fed with their goal of 2% annual inflation, is 2% on top of all the 2%'s that came before it, which turns out to be an exponential amount of inflation over time (and many times inflation is over 2% annually). And most people in this world, do not receive pay raises that keep up with the true cost of inflation, hence more and more people become poorer in this world due to having less buying power. This is a contributing factor to many social and economic problems in this nation and in this world.

    Additionally, space travel is the ONLY thing that is going to save any species from this Earth, and space travel has gotten more expensive just in my lifetime. While many people claim we have a lot of time before this Earth is no more, what is space travel going to cost in the next 100, 1000, 1 million years from now? Economic inflation just might be a contributing factor to all life from this Earth dying and going extinct.

    What good is life if there are no entities left to live it?

    What good is money if there are no entities left to spend it?

    A law should be passed that the US Fed has to have an annual inflation goal of 0%. I know this will probably piss off a lot of rich people who game the system due to the Fed's inflation goals, but if it's not done, well, all life from this Earth, including all the rich people, will probably all still die one day from something, will forget everything they ever knew and experienced, and will be forgotten one day in future eternity, just like everybody else, because one day, there will be no life left to care that any of us ever existed at all in the first place, much less however anyone existed while they existed. Life itself would all be ultimately meaningless in the grand scheme of things.

    Either at least one species from this Earth survives beyond this Earth and solar system, OR none do. Denying future reality will not make future reality any less real. People just won't be prepared for it is all.

  19. In the holocaust of the long-suffering Jewish people, the Nazis of Nazi Germany are to blame! And who is to blame for the holocaust of the long-suffering American people who buried millions of empty, closed coffins of dead US soldiers? Is it Germany again? .and who is guilty of the holocaust of the long-suffering Ukrainian people who buried tens of thousands of dead soldiers of the Armed Forces of Ukraine in empty closed coffins, or not their sons ??? Is it Germany again? .YouTube, In Lviv, parents at the funeral did not recognize the son of the deceased in the Donbass,,! https://youtu.be/PdLgMEy246A !!!.

  22. Brandon’s inflation is at a 40 year high! His 33% approval rating, even with a biased msm and social media, screams… Let’s go Brandon! I agree!

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