Fed chair: Interest rate hikes will continue until inflation comes down



Jerome Powell says the labor market is strong but “out of balance” and the Federal Reserve is preparing for another interest rate hike to reduce inflation.

#economy #federalreserve #inflation #interestrates #abcnews #abcnlupdate

Original source (ABC/Youtube)

30 comments

  1. Bloody yanks exporting inflation worldwide

  2. Biden is sinking america

  3. Despite the economic downturn, I'm happy ☺️. I have been earning $60,200 returns from my $10,000 investment every 13 days

  4. Why is there not mention of the national debt or more importantly the yearly deficit,

  5. Hurry up and collapse so we don't have to hear these lies! THE GOVERNMENT SPENDS MORE MONEY THAN IT MAKES that's it end of story stop lying, self-fulfilling prophecy what a lot of s***

  6. Again what the heck the rate buyers have to pay to barrow money have to do with the cost sellers have to spend to make products

  7. Raising interest rates won’t do a damn thing.

  8. Too bad inflation wont stop till jackass biden is gone. We got 2 more years of this bs.

  9. As long as Joe Bama is around then I guess inflation will continue to ratchet up every month, the Fed will raise rates every meeting, and Janet Yelling will continue to tell us this country is not in a recession. In the meantime, Savings accounts are dwindling, IRA’s are depleting, taxes are rising, and prices on EVERYTHING are going up, up up !

  10. But senile potato said it was transitory

  11. the cost to work these days is crazy from gas to the cost of food I spend an extra few hundred dollars a week just to maintain a job than I did in 2019.

  12. Embrace the Suck. Lets Go Brandon

  13. I don’t feel sorry for those idiots who buys home way over price … one bit

  14. I'm done sitting tight for the award advance since i acquire$23,000 every 12 days of my investment..

  15. If the government can put a cap on these bigger companies from over charging the American citizens we might get back to be normal. But to much grief in This COUNTRY.

  16. And all the fringe right Treasonist enemies of the United States are STILL going to be outraged, blaming President Biden for something economists attribute to the pandemic. Of COURSE, the Treasonists think their non-stop lies will incite the civil war they so desperately want, because they just really REALLY want to murder Democrats.

  17. This is all bs.
    It's a fiat currency. It only has value as long as people believe in it.
    Our world is based in faith.

  18. Great so now we have to wait until Biden is out of office until the intrest rate will come down

  19. when muller charge manafort for things nothing to do with russia hack but let podesta go for same reason =blackmail dc to support blame russia to cover up fact 2 party system failed since mccain-hillary all did united fruit company scandal 2.0 but remain rich

    recall fbi never look at physical evidence just crowdstrike/hillary words, cia break glass 2017 inauguration with media claim russia stolen election 1oo

    george bush 14y ago said add ukraine to nato foreshadow nuland f eu coup 2014 support =

    1. https://www.youtube.com/watch?v=nTQ3D1a-j20

    2001 pentagon memo kill occupy iraq to syria

    https://www.youtube.com/watch?v=_mrJRHwbVG8

    current ukraine gov is proxy since obama drew red line just like did in syria earlier arming rebels telling russia not to interfere while zelensky ethnic cleanse donbass region 7y=

    https://www.youtube.com/watch?v=ta9dWRcDUPA

    3. https://www.youtube.com/watch?v=IBeRB7rWk_8

  20. After losing so much to stock market, One best investment decision I ever made afterwards was investing in financial markets. Which has earned me $34,970 profit every 14days lately. Trust me guys it pays a lot.

  21. No bail outs when the Real Estate market crashes!!!!

  22. ♥️𝗧𝗿𝗲𝗻𝗱𝗶𝗻𝗴 𝗮𝗱𝘂𝗹𝘁 𝗽𝗼𝗿𝗻 𝘃𝗶𝗱𝗲𝗼𝘀 𝗼𝗻𝗹𝘆❤️ Alles sehr schön. Aber zuerst zusammen die Nummern 10 und 1. Eine gedangsiemm.ONLINE Brünette und eine andere Blondine. Es wäre unfairj, wenn ich 4 wählen würde

  23. Interest rate hikes will continue until Biden leaves office.

  24. Brandon’s inflation is at a 41 year high! His 28% approval rating, even with a biased msm and social media, screams… Let’s go Brandon! I agree!

  25. Rate hike is a placebo for the market & inflation it does nothing to increase supply to help inflation