Fed Chairman Powell Signals More Interest Rate Hikes To Come



Federal Reserve chairman Jerome Powell signaled that even more interest rate hikes may be on the way next month. Since June, the Fed has already raised interest rates three-quarters of a percentage point twice. The move is meant to slow the economy and inflation, however the uncertainty is fueling a sell-off on Wall Street.

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18 comments

  1. How to crash a nation

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  3. BIDENS TRILLION DOLLAR GIVEAWAY TO LAZY WORKSHY STUDENTS WILL INCREASE INFLATION GREATLY….

  4. flooding, eco collapse, famine in that order after the real pain begins and rich or poor there will be no sanctuary.

  5. Foreclosure in San Francisco area up 90% from last year cuz the Eviction Moratorium Expired……..

    There's a Recession every 9th year of every Decade, this Recession is Past Due……1929, 1939…..1969, 1979, 1989, 1999, 2009,….

    * Well where's 2019(aided by the Pandemic, Foreclosure/Rent Eviction Moratorium, extra EDD Benefits and extended EDD Benefits, 3 Federal Stimulus Checks, CA issued it's own Stimulus Checks so for CA it's 4th Stimulus Checks)

    ALL these Government interventions just help delay the inevitable on the Horizon….

    There will be a HOUSING CRASH Worst than 2008 because 2008 affects ONLY the Lenders/Borrowers/HomeOwners/Banks/etc…..This ONE effects ALL industries, including Hotels, Travel, Tourism, Casinos, Outlets, Malls, etc… Except for Trucking, Produce, Farming, Markets, and parts of Food/Restaurants….

    The HOUSING CRASH is Coming, "if" y'all been saving $$$ for affordable and 1st time Home Ownership, YOU DON'T HAVE TO WAIT TOO LONG BUT DON'T JUMP IN JUST YET…

    WAIT UNTIL ALL THE GOVERNMENT HELP, FORECLOSURE/RENT EVICTION MORATORIUM EXPIRES…..6 months after that is a good time to start Looking for bargains…..

    The FEDs are expected to raise interest rates a few times this year to stomp inflation and this indeed will make Homes mortgages a lil more expensive so Home prices will eventually fall

    ✌✌

  6. HOW are people going to pay their adjustable mortgages….

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  10. This is nothing compared to what the college bail out will cost in inflation. Way to go Dems.
    Aholes!!

  11. The Federal Reserve Board does more than anybody or anything in the USA to F___ up the economy!!!! They are nothing but a pack of financial witch doctors, tarot card readers and crystal ball gazers who think that by fooling around with interest rates, they can make the economy, an extraordinarily complex mechanism, do what they want it to. They do far more harm than good!!!!! Their dictating the path of the economy actually uses methodology right out of Das Kapital!!!!! Get rid of them!!!!!!! And I think that little kids running a lemonade stand know more about economics than the FED!!!!

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  16. FASCIST DEMOCRATES LOSE THEIR MINDS WITH THE ILLUSION OF POWER:“Shifty” Schiff Makes Promise About Trump Raid That Will Only Make Matters Worse:https://www.youtube.com/watch?v=JZrq2I_OI90

  17. Sending banks $ fixes supply from China brings down energy to fix inflation THINK ABOUT IT