Federal Reserve hikes interest rates

ABC News business reporter Alexis Christoforous explains the biggest interest rate hike in nearly three decades and how it’s intended to fight inflation.

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12 thoughts on “Federal Reserve hikes interest rates

  1. Apparently per economists it is too late and will only at this point add to the problem. Still, the democrat controlled media will continue to advise the public that inflation is a good thing and will make us stronger. That inflation is transtory. Then provide a long list blaming everyone who isn't them.

  2. THE CLOWNS UNDER THE CIRCUS TENT RESPONSIBLE FOR THIS COUNTRY'S FAILED STATE OF THE UNION:
    Joe Biden’s Cabinet includes:
    Camala Harrass- V.P
    Ron Klain- Chief of Staff
    Antony Blinkin- Sec. of State
    Loyd Austin- Sec. of Defense
    Merrick Garland- Att. General
    Alejandro Mayorkas- Sec. Homeland Sec.
    Pete Buttigieg- Sec. of Transportation
    Jennifer Granholm- Sec. of Energy
    Xavier Becerra- Sec. of Hlth Humn Svc.
    Miguel Cardona- Sec. of Education
    Deb Haaland- Sec. of Interior
    Gina Raimondo- Sec. of Commerce
    Janet Yellen- Sec. of Treasury
    Michael Regan- Admin. of Envmtal Prot. Agency
    Avril Haines- Dir. of Nat. Intelligence
    Cecilia Rouse- Chair of Econ. Advisor
    Kathrine Tai- U.S. Trade Rep.
    Shalanda Young- Dir. Mngt and Budget
    Linda Thomas-Greenfield- U.S. Ambassador
    Isabel Guzman- Admin of Small Business Adimin.
    Marcia Fudge- Sec. of Hsng Urban Devp.
    Tom Vilsack- Sec. of Agg.
    Marty Walch- Sec. of Labor.

    Americans should Demand these PUBLIC SERVANTS Resignations NOW!

  3. you have to be a special kind of stupid to think this will fight inflation as spending isnt the cause its brandon & his failed global policies people gonna still buy groceries & gas to survive how they gonna cut back nobody has been splurging for 2 years on things

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