Federal Reserve set to hike interest rates another 0.75% | ABCNL

ABC News business reporter Alexis Christoforous discusses the latest on the U.S. economy as the Federal Reserve is expected to hike interest rates again and what that means for Americans’ wallets.

WATCH the ABC News Live Stream Here: https://www.youtube.com/watch?v=w_Ma8oQLmSM

SUBSCRIBE to ABC NEWS: https://bit.ly/2vZb6yP
Watch More on http://abcnews.go.com/
LIKE ABC News on FACEBOOK https://www.facebook.com/abcnews
FOLLOW ABC News on TWITTER: https://twitter.com/abc

#FederalReserve #InterestRates #ABCNLUpdate

source

Author: avn bot

ANGELHOUSE © 2009 - 2020 | HOSTING BY PHILLYFINEST369 SERVER STATS| & THE IDIOTS ROBOT AND CONTROL INC. |(RSS FEED MODULE)| ALL YOUTUBE VIDEOS IS A REGISTERED TRADEMARK OF GOOGLE INC. THE YOUTUBE CHANNELS AND BLOG FEEDS IS MANAGED BY THERE RIGHTFUL OWNERS (AVNBLOGFEED.COM)

34 thoughts on “Federal Reserve set to hike interest rates another 0.75% | ABCNL

  1. The economy has been driven by debt for decades. The consumer cannot take on anymore debt they are already drowning in it. Our economic ponzi scheme designed to transfer wealth to the few is starting to unravel. The printing from thin air of trillions of worthless paper dollars has consequences which we are beginning to experience now. Rising prices across the board, soaring inflation and debased currencies. Hard times ahead I am afraid.

  2. You could expect your equity to go down. That's not gonna help food prices and gas prices. Inflation was caused by giving money away When they did not need it Plus high gas prices and labor shortages. Consumer bought less because they've had to pay for gas, had nothing to do with rate hikes! The rate hikes are going to destroy the housing market.

  3. Who else knows who jimmy carter is and how atrocious his presidency was for the nation? Afterwards, who else knows what happened and how we bounced back to a roaring 80’s and 90’s…if you don’t, history is repeating itself with Biden. Pay off your debts…hunker down. Don’t be a sucker.

  4. It's obvious that this report was politically biased. That's why all of the major companies are down 20 to 30% and they're laying people off it's because we have a strong job market. Peak inflation you have not seen Peak inflation yet. We have been in a recession since November. Interest rates work if you keep the rates above the inflation rate

  5. How the hell country survive without public when there is historical inflation hits more interest will only benefit tax thief or government most richest frnds but public will crippled which will benefit richest people in the end offcourse

  6. Soo what is the money going to?.
    If they use the money to help cool the citys then cool.
    Use thirsty cement native shade trees solar color the roads red blue or even pink to show support to cancer people.

  7. Remember when Brandon said this about inflation "Our experts believe, and the data shows, that most of the price increases we've seen were expected and expected to be temporary." Let's Go, Brandon! Let's Go, Brandon!

Leave a Reply