The Federal Reserve is poised to raise interest rates for the seventh time this year as new signs point to a decline in inflation. Elizabeth Schulze of ABC News explains.
Original source (ABC/Youtube)
The Federal Reserve is poised to raise interest rates for the seventh time this year as new signs point to a decline in inflation. Elizabeth Schulze of ABC News explains.
Original source (ABC/Youtube)
HIKING INTEREST RATES IS NOT ONLY THE BEST SOLUTION TO CONTROL ON INFLATION & HIGH SPENDING. PRICES MUST BE CONTROLLED. MORE SUPPLY THAN DEMANDS SHOULD BE CREATED.YOU CAN NOT STOP HOUSING PRICES DUE TO INFLATION FACOR NOR YOU CAN TAKE BACK PRICE FROM 1.5 MILLION TO 50K OF 1975 PRICES. ACCORDINGLY RENT WILL HIKE. i AM SURPRISED TO SEE GOVERNMENT WANT MORE PEOPLE TO GO ON UNEMPLOYMENT RATHER I THINK GOVT JOB IS TO CREATE MORE JOBS ALL THE TIME. MINIMUM WAGE CHANGED FROM $8 PER HOUR TO $15 PER HOUR CASH FLOW WILL BE IN THE MARKET. WITH HIGHER RATES BUSINESS WILL BE CLOSED DOWN & LAYOFFES, GOVT WILL BE PAYING MORE IN UIC OR SOCIAL ASSISTANCE , GOVT WILL LOOSE IN TAXES FROM PUBLIC…..& SO ON…..HIT & TRIAL METHOD MIGHT NOT WORKOUT……/ PRICES CONTROL , MORE SUPPLY , NO QUICK FIX SOLUTIONS MUST BE CONSIDERED RATHER HOUSE & BIZ BANKRUPTIES…… MUST GIVE ENOUGH COOLING PERIOD RATHER WITHIN FEW MONTHS EITHER ALL CONTROLLED OR ALL FINISHED WICH WILL BE UNCONTROLLABLE,,,,….
A rise in interest rates in the US is already intensifying conflicts in Iran and elsewhere around the world.
Economic poverty is often the decisive seed of conflict and strife.
Since we cannot give people equality of outcome, we must at least do our best to ensure equality of opportunity.
I think the US interest rate hike is an irresponsible and reckless step that trampled on the hopes of ordinary people.
So, unless the US Federal Reserve changes its stance as soon as possible, international disputes are highly likely to intensify in the future.
Even if the United States is criticized by the world for causing international conflict, it will be difficult for the United States to have any more legitimacy or justification.
It is expected that the possibility of international conflicts and disputes will increase significantly due to the actions and decisions of the US Federal Reserve around the world.
This is a disaster.,.
Maybe if Biden hadn't printed trillions of dollars based on nothing but thin air….Let's go, Brandon.
Getting Better??? Says Who??
Due to the aftermath of the US interest rate hike, international disputes and conflicts are intensifying to a more serious level.
This is something the United Nations has already warned about, but the Fed ignored the warning and continued to raise interest rates.
Economic poverty is an important factor in deepening international disputes and conflicts.
In countries like Iran, there are executions of innocent citizens that threaten democracy and freedom.
This means that the United States is losing its power and authority.
Do you sincerely think that Iran's problems can be solved only by people's peaceful protest?
Of course, even when everyone is better off overall, there may be economic poverty or polarization, but
The important thing is to guarantee freedom of choice, freedom of opportunity and hope to as many people as possible.
Only then will the US have a justification for exercising its influence.
However, the Fed of the United States has trampled on such hopes of people around the world.
It's because of shortsighted, incompetent and foolish characters like James Bullard.
How many people can a single fool lead to misfortune?
We already have enough of Russia's Putin.
Of course, Jerome Powell also has a big responsibility.
Jerome Powell needs to come back to his senses as soon as possible.
American politicians must feel a very serious responsibility and duty for this part,
Fundamentally, strategies and plans must be modified and promoted immediately so that the problem does not recur.
In addition, surveillance and preparation for North Korea must be much more strengthened than now.
North Korea will be laughing now.
As I keep emphasizing, fix the barn before the cow is lost.
What's the use of solving a problem after it has already occurred?
It's really frustrating.
The Fed should look at the actual scene, the reality, not on a desk, and should immediately drop its authoritarian attitude.
The U.S. must also take the Chinese issue extremely seriously, and raising interest rates makes it difficult to make a strategic, long-term response to China..
Coin bureau is the one π
This guy needs to go
I am from UK why don't I live in the USA It's an insane debt thx Joe biden aid to Ukraine
Welcome to the incompetent and shameless pathological liar Joe Biden's new America of misery, chaos, violence, and death.
So far it's not helping, the economy is getting worse and food prices need to come down so people can feed the children. Bden and the democats are to blame!!!!!
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Good stuff, keep money in the hands of the poor & prevent a bubble which collapses the economy.
Americans are better off than any other country right now because of this and anyone who doesn't realize that is ignorant and obtuse.
The Fed is sticking it to us poor folks again. Raising the rates of the borrowers who are trying to get up in this economy. Also because people are getting jobs that pay more than the minimum wage. The Fed feels that we poor folk shouldnβt have good paying jobs because that causes the sign of inflation in our economy.
So they print the money, they get to have everything while we pay the cost
Here's more insight on how the economy works. The 10 dollar note at the gas station makes them 100s in taxes annually. The money keeps disappearing all the time and they keep printing more. Meantime what have we built besides war machines, corporations of oppression, toxic plants, and less and less human rights and more robot and corporate rights. Where am I suppose to be?! I have no where to go?! Why do I have to be programmed to exist next to you?!π€π‘
Over 250 thousand homes in foreclosure now and rising. Lol what a clueless generation
Trump may have hurt your feelings but Biden hurts your freedom finances & family
Go figure π
Welcome to Brandonβs America! He and his voters need to be held accountable!
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