The Federal Reserve announced another interest rate hike today as inflation appears to be slowing. NBC News’ Tom Costello has details on the economic impact on everyday Americans.
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we need republicans back in charge they can scrap the 1.2 trillion dollar infrastructure bill and drive unemployment sky high.
Can't wait for the collapse
Financial bomb exploding, house mortgage bomb exploding.
This rate hike is decapatating the US economy.
am i shadow banned someone respond
Abolish the Fed, taxation is theft
The other interest rates hacked have not done anything but cause more headaches for people
I’m In default on my student loans and have no toilet I’m a nurse so what?
My last mortgage was 6.25% fixed for 15 years in 2005………………..todays rates are FAR from high
Yay 🎉 bravo
You can thank Joe Biden for that….
So nobody going to talk about the goal of 2% still means things will get more expensive? 😂🤣
Joe printed over $2 trillion in his first year as President. Cares Act and the US budget. No president can’t print that much unsecured money in one year and not expect massive inflation. Giving out printed money always causes inflation. Too many dollars chasing too few goods. Economics 101. Low IQ liberals never can understand this simple macroeconomic fact! Pathetic!
We really are all going to die
The feds control the money no matter what the people or government does. They are the ones keeping us broke by taking the extra the government gave back….
We need to audit the federal reserve and figure out why they keep our country held back. They have to be solely working for corporations and the people in control of trillions. I mean what's a billionaire when the corporations they own deals with trillions 😒
I bet if biden said he's gonna do a audit of the federal reserve they would immediately stop all monetary transactions and rise rates threw the roof and collapse our economy 🤷🏾♂️
Really? They say sorry for the problem inflation is causing? How about the problem interest rates are causing.
Hake of 0.5 %?
America is rich .