Federal Reserve expected to raise interest rates | ABCNL

ABC News business reporter Alexis Christoforous explains the impact on consumers if the Federal Reserve raises interest rates to cool off inflation.

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Author: Rafael

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22 thoughts on “Federal Reserve expected to raise interest rates | ABCNL

  1. Now these bankers will rape America yet again as they are poised to rake in TONS of money on what they just printed to help people. All that quaniitive easing money will be used to screw the common man as Congress stands by and does nothing.

  2. What people don't consider on the charts is that Bitcoin has never gone through a real recession. I'm taking -10-20% off all my price predictions because there is unnatural downward pressure that we haven't seen. After adjusting for a recession, the targets still don't become invalid even if they break down slightly as long as you consider the global situation. I'm DCAing currently, but still expect a drop to 15-16k between the Fed meeting in a couple days and the start of december. Remember the midterms also have always negatively impacted price. I guess we will see, I will keep DCAing and trade long term more than ever, I have made over >19.5<btc from trading with Shirley Bagshaw in few weeks this is one of the best medium to backup your assets incase it goes bearish.

  3. "What the Federal Reserve says it's going to do in the future"? What kind of BS is that, they are meeting right now so fix it tomorrow; it has been a year and a half wait already.

  4. They have to raise rates to cool the economy down from Biden’s insane spending with the Cares Act and student loan forgiveness. Nothing is free. You will pay your student loan in higher food, gas, and mortgage rates. You will pay your student loan back just not through the government but through Exxon, Walmart, and your house payment and the higher prices you will have to pay. Cheers woke low IQ liberals. Nothing is free! Pathetic! Cheers!!

  5. I love how people complain so much about inflation, and then they get so angry when something is being done to control it.
    If the fed never increased interest rates, we would have a double digit inflation rate right now for sure.

  6. Wow Biden is going to wipe out our retirement savings, and 30 year fixed mortgage is almost 7%, guess no one will be able to buy a electric vehicle and the Big Three Automakers will need another bail out.

  7. We are already in the big crash, Inflation is a catastrophe. This CPI report is a colossal failure. To bring the housing market to a halt, the FED will have to pull all the stops. The unfortunate issue is that other markets are being decimated. If you want to stay green, you have to rely on a lot of diversification. Currently up 14% and being careful.

  8. If there’s any possible way to screw things up even more, this group of idiots running our country will find a way. People I know are already pissed.

  9. Federal Reserve right now probably has their blindfolds on and are playing "pin the tail on the donkey;" i.e. interest rate "dot plot." However, any fool with a history book can read how Volcker raised the interest rates fast and high enough to end inflation for decades.

  10. It is an absolute myth that interest rates control inflation… This is a class war. The Vastly wealthy continue to profit even when 90% of businesses endured a loss due to covid, the top hedge funds and companies like blackrock actually made billions. This is the cause of inflation. Wealth hoarding and market manipulation by the 1%.

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