The Federal Reserve has announced it will raise interest rates by 0.75% in hopes to combat inflation. NBC’s Tom Costello reports on what impact the increased rates could have.
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Raising interest rates can't keep a rigged market down. Stand by for more rally's as interest rates rise & the rich get richer with the poor getting crushed.
As a Hispanic Dominican, this country will always be full of nonsense. Screw this man. So tired of this and these guys get away with it. IT's so silly. I can't wait to leave for Australia. Get my Visa and I'm out of here. No jobs, nothing, now a recession forget that man. Im better off elsewhere
❤️ Brown faces on NBC on TV news…if this does not occur on TV programming or TV …the medium is destined to be a relic in a museum
F the fed
How does punishing consumers help with curtailing corporate greed? It doesn't. Never has, never will. 'Inflation' is merely a smoke-screen the rich use to justify charging higher prices for the same or lesser products and services.
Trump please hurry back
The country is in a recession. We just don't want to accept it. Save your money people!
This will further affect us even on credit cards We'll be finished And there will be no way to lower or the credit card on time
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The cost of high items is the new norm. Someone had to pay for the increase wages…..consumers. Items might go down when gasoline does but this is just a good reason for big corporates to keep the high prices the same. Why not…. we are already paying those prices.
Maybe if America Taxed Billionaires instead of letting the 1% pay no Taxes we wouldn't have "To much money" in the Economy
If there is to much money then TAX THE BILLIONAIRES!!!! They have all the money! Why are you punishing the Middle Class and Poor? WEALTH TAX!!!
The times we are going through really illustrates just how many people have not attended a MacroEconomics class. The amount of people wanting to disband the FED is shocking to me. You just tell me you don’t know what the FED does and how important it is to your money in banks, etc.
Welcome to Brandon’s America! He and his voters need to be held accountable!
We are so screwed
Great experiment.
How are seniors on Medicare afford anything anymore! I can’t afford to buy anything anymore what gonna do since I still do not qualify for food stamps either
Thank you biden and biden supporters. This is what happens when you throw money at everything.
The federal reserve bank is not a federal agency! They are the Luciferian illuminati Masonic Zionist synagogue of Satan that tortures and kills civilians public servants and children!
Biden inflation!!
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End the Fed !!!
You need money, to borrow money, to pay the cost of doing business. What, are banks holding a.. as collateral now.
WHAT!!!! NO MORE FREE MONEY? WHAT'S GOING ON???
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A 50 year low unemployment rate. Take that Republican TROLLS!!!! That means for stupid Trump people, Trump did a worse job.
This news is last year news. Its not news
This is not the way to tame inflation. Complete mistake.
Inflation is being caused by real shortages caused by shutdowns. How can this help solve real shortages? It won't.
Corporations do not care that rates keep rising. They have record profits and doing billions in stock but backs because they are so cash rich.
These rate hikes only hurt people. The game has changed, it's not the same and the fed remains a one trick pony