Federal Reserve expected to hike interest rates to fight inflation

ABC News business reporter Alexis Christoforous discusses the latest on the Federal Reserve possibly hiking interest rates as gas prices drop, and what it means for Americans.

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31 thoughts on “Federal Reserve expected to hike interest rates to fight inflation

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  2. Interest rates can only go so high because the higher interest rates mean more interest on the national debt. Your tax dollar goes more to the interest on the debt and less for services . Which in turn means government will need to raise taxes to pay for the same services you are getting now.

  3. "And I saw the dead, small and great, standing before God, and books were opened. And another book was opened, which is the Book of Life. And the dead were judged according to their works, by the things which were written in the books.
    The sea gave up the dead who were in it, and Death and Hades delivered up the dead who were in them. And they were judged, each one according to his works. 
    Then Death and Hades were cast into the lake of fire. This is the second death. And anyone not found written in the Book of Life was cast into the lake of fire." (REVELATION 20:12-15 NKJV)

    Today, while you are still alive and able, may you repent from your sins, believe in your heart and confess with your mouth that JESUS CHRIST is your Lord and Savior, so that through Him, your name will be written in the Book of Life.

    "For God so loved the world that He gave His only begotten Son, that whoever BELIEVES in Him 
    should not perish but have everlasting life.
    For God did not send His Son into the world to condemn the world, but that the world through Him might be saved." (JOHN 3:16-17 NKJV)

    By God's GRACE, the gift of Salvation and Eternal Life is available to all. You can RECEIVE it. You can REJECT it. May you choose wisely…✝️⚖️

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

  5. I really hate democrats and how they destroyed this country in 18 months. Dang you guys suck so bad. Thank a democrat for voting this garbage into office. Don't try the world is bad so that is why. My momma didn't raise no fool and I wish your momma didn't either.

  6. Yeah. Hiking interest rates when we already cannot afford food and medications. Screw the 99% yet again. BTW, why isn't the government doing something to give people alternatives to buy gas guzzlers???

  7. Cheap interest rates and the printing press have wrecked many a retirement plan. Government debt printed us into a corner. Volcker rate hikes should have been used but the money wasting politicians have the debt so high we couldn't afford the interest payment on the debt. Trashing the value of the fiat world reserve currency is the only game left. Savings is turning to trash!

  8. Lol put money in savings…. I would make more money picking up change off the ground than I would putting 100k into a bank savings account at 0.02-0.05% interest.

  9. If the Fed really wanted to fight inflation, they would have raised 1 or 5% or even higher already, the fact that they don't want to do that, because they know they can't fight inflation, they're way behind the curve, what they're doing right now is just giving narratives, trying to convince people that the economy is fine.

  10. So instead of fixing the problem you cut taxed temporarily and hike interest rates so once again let's make the problem worse and blame everyone else good job dems

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