Federal Reserve Raises Interest Rates By 0.75%



The Federal Reserve raised interest rates by 0.75% in an effort to bring down inflation. The hike will affect interest rates on car loans, new mortgages, credit cards and more.ย 
ยป Subscribe to NBC News: http://nbcnews.to/SubscribeToNBC
ยป Watch more NBC video: http://bit.ly/MoreNBCNews

NBC News Digital is a collection of innovative and powerful news brands that deliver compelling, diverse and engaging news stories. NBC News Digital features NBCNews.com, MSNBC.com, TODAY.com, Nightly News, Meet the Press, Dateline, and the existing apps and digital extensions of these respective properties. We deliver the best in breaking news, live video coverage, original journalism and segments from your favorite NBC News Shows.

Connect with NBC News Online!
NBC News App: https://smart.link/5d0cd9df61b80
Breaking News Alerts: https://link.nbcnews.com/join/5cj/breaking-news-signup?cid=sm_npd_nn_yt_bn-clip_190621
Visit NBCNews.Com: http://nbcnews.to/ReadNBC
Find NBC News on Facebook: http://nbcnews.to/LikeNBC
Follow NBC News on Twitter: http://nbcnews.to/FollowNBC

#NBCNews #BreakingNews #InterestRates

source

18 comments

  1. LIES LIES LIES, Blah blah blah blah blah: Where's Our $2000 Monthly RECURRING ECONOMIC RELIEF STIMULUS CHECK Currency Funds As PROMISED by Biden-Harris Administration: Other than that, STOP ๐Ÿ›‘ False advertising All of these False Advertising LIES!!!! "Seeing $2000 Monthly RECURRING ECONOMIC RELIEF STIMULUS CHECK Currency ๐Ÿ’ฒ Where's Our Dam $2000 Monthly RECURRING ECONOMIC RELIEF STIMULUS CHECK Currency Funds @ AZ PROMISED by Biden-Harris Administration On An EXECUTIVE ORDER For ALL Low Income Americans!!๐Ÿ‘๐ŸฝโœŒ๐Ÿฝ๐Ÿ’ฏ๐Ÿ˜‡#####################

  2. This will fix the economy!

  3. Vote democratic ๐Ÿ˜ข

  4. Inflation is a flat tax.

  5. Obama is back , just different name dementia Joe Biden. Gas high, food high. DEMO RAT'S ๐Ÿ€. 2008 Obama was in president. Rats ๐Ÿ€

  6. Relax, we've been through this before. Besides, do we really need more things and stuff?

  7. And you lose your job because as rates go up so does unemployment. This guy is lying or just doesn't understand that companies have loans and people work for those companies.

  8. The gov will never win by screwing over the people. It wont work. He ( you know who) needs to go kiss the ring again no fist bumps. Just kiss the ring. Mbs is waiting

  9. TRANSITORY TRANSITORY TRANSITORY!!!!!! Didnโ€™t President Biden, Treasury secretary Yellen, Fed chair Powell, and hordes of other idiots assure us that the inflation was only TRANSITORY???!!!! Well FOUR SEPARATE and UNPRECEDENTED Fed interest hikes of 0.75 % EACH LATER โ€” Can anyone with a functioning brain doubt that NONE OF THESE IDIOTS KNOW THE FIRST THING ABOUT SIMPLE MACROECONOMICS. And these IDIOTS ARE RUNNING OUR COUNTRY โ€” AND INTO THE GROUND.

  10. When all the foreclosures come in I'll score, thx joe!

  11. I used to feel overwhelmed when my portfolio would drop a few dollars. Now that I've learned how the market works, I see bear markets as a giant opportunity to build generational wealth for me and my family. In just 5 months my portfolio have accrued gains of over $300k

  12. Thanks to the stupid democrats

  13. So the Inflation "Reduction" Act bombed?

  14. Better raise it a lot more than that kiddos.

  15. Turn your money into these ppl are basically to fight rising costs where going to raise costs ๐Ÿ™„

  16. Taking the last of the money from the poors while profits continue on Wall Street

  17. Biden SPENDS and Americans pay the PRICE ๐Ÿ‘Œ

  18. This private entity (not Federal) is why we are where we are now! They need to be disolved!