The Federal Reserve raises interest rates for the tenth time in a row



The 0.25% increase comes just two days after the First Republic Bank collapsed and as another bank calls for help. WATCH the live stream of ABC News here: https://www.youtube.com/watch?v=w_Ma8oQLmSM SUBSCRIBE to ABC NEWS: https://bit.ly/2vZb6yP Watch more at http://abcnews.go. com/ LIKE ABC News on FACEBOOK https://www.facebook.com/abcnews FOLLOW ABC News on TWITTER: https://twitter.com/abc #ABCNLUpdate #fed #federalreserve #interests #economy

Original source (ABC/Youtube)

14 comments

  1. The higher the rates the better for workers and savers…., Corporations and wall street feed on cheap easy money to the peril of the hard, working class

  2. According to Bipan Rai, North America director of FX strategy at CIBC Capital Markets, "there is growing concern that incoming data is showing that the Fed may be slightly behind the curve than perhaps they expected heading into this year." More red than green is seen in my portfolio. How are other people in this market making over $350,000 in gains in a short period of time?

  3. Doesn't help lowering the price of energy or supply chains.

  4. No it doesn’t make America worse

  5. Interest charge increased for using the worthless paper product with green ink printed by the Federal Reserve private corporation. They never received lawful authorization to do busines in, replacement paper currency. The UNITED STATES INC Government cannot do it according to their 41rst Congress Sess III Ch 62 year 1871. So who gave them permission ie. authorization?? In 1933 FDR stated that the UNITED STATES INC company he worked for, was Bankrupt. In 1792 April 2 law states real money is silver dollar. No one has been doing business with REAL money for a very long time. Also look at " the law that never was"- https://youtu.be/AW_6XfidxE8 not 1 State in the Union ever ratified/voted in as law federal personal income tax. "the law that never was"

  6. Welcome to Biden's Merika!!!

    Democrat Voters Are To Blame!!

  7. 👍👍.I was at a retirement seminar and the speaker spoke on how he quit his job after he made well over $950,000 PROFIT within 3months he invested $120,000. I just began investing and i will really appreciate any tips or helpful guide.

  8. Welcome to BIDENFLATION
    Welcome to Brandon's America

  9. Inflation is not going to go away because of our ginormous debt and historically low tax rates on Billionaires and the wealthiest Americans. As for the average Joe and Jill you/we are screwed.

  10. Thank a Biden voter for our record inflation

  11. Lol, that’s all I have to stay..

  12. This only helps the rich

  13. Just keep printing more money, and raising interest rates.