The central bank raised rates by 0.25% to combat inflation, but it could put more banks at risk of collapse. #abcnews #banking #federalreserve #interest #inflation
Original source (ABC/Youtube)
The central bank raised rates by 0.25% to combat inflation, but it could put more banks at risk of collapse. #abcnews #banking #federalreserve #interest #inflation
Original source (ABC/Youtube)
When are we going to talk about the stock trading the congress is doing? They are manipulating the system and the stock market by buying and selling stocks on things they are supposed to be voting on.
Caught between inflation and financial crisis, even Americans seem to lose the ability to face reality.
They may not be much different from the Japanese, who have endlessly postponed the bad loan problem.
US greatly support war in Uriane led citizens facing high inflation and high tax.
The Feds raised the interest rates to combat inflation as the banking system continues to recover from a recent series of bank failures. Demand is still too high. Inflation is too high. But a lot of banks are in the process of cutting back their lending right now. And so that means the Fed may not need to raise rates as much as it had expected, because banks are going to do a lot of the job on their own
This bit of news sure caught my interest
Ok im all in @ bitcoin
Economic collapse inevitable 😭. Lack of understanding of how the economy works 🤔
It’s bullshit and Powell is ruining the economy!! 1 million people people to be fired that’s what he wants. It’s not going to work because it doesn’t do anything about price gouging!!! Tired of the feds municipal the economy they are not elected by the people. Powell needs to be fired!!!
And large corporations are making record profits
FJB and his failed economy
I love the grounded reality of this channel!! Despite the recession, I’m so happy withdrawing my $78k profits out of my investment with a platform in town
But they keep upping the interest rates ro help battle inflation, but who are they battling??? It's not helping me.
I could care less, I have no INTEREST in paying anyway.
Raising the rates didn't help but destroy the economy in the 70's and 80's and it sure isnt working now.
WHY MONEY MARKET MUTUAL FUNDS ARE NOT FDIC INSURED BUT REGULAR DEPOSITS TO MONEY MARKET ACCOUNTS ARE INSURED TO $250K, I PUT MY IRA SAVINGS TO MONEY MARKET MUTUAL FUNDS BACAUSE STOCK MARKET IS NOW UNPREDICTABLE
banks are making huge dollars on interest free accounts like checking and others; some banks will pay you 0.10% for checking and 1.5% for saving accounts when inflation and fed interest rates hit 6%, that is to cover salaries of executives and postpone layoffs
No inflation is not 6% that's a lie take a physical dollar out of your pocket there was a 90% chance that dollar was printed in the last 2 or 3 years and honestly I've not checked the number since the start of the war in Ukraine so it's probably like 110 meaning that all u.s. physical currency is worthless because it was made like two years ago it's printed nonsense but they tell you 6% because if all of you knew what I knew what I know there be pandemonium in the streets if you want to survive by gold guns ammunition and make peace with your gods because most likely no one will survive this we're talking about mad Max economic collapse nuclear Holocaust the living will envy the Dead
God damn them!!!!
The Fed can't afford to p*ss off big corporate donors to congressional members.
the inflation is 6% ? they are lying right. Stealing too.
Gotta love it…the Federal Gov’t raises interest rates in attempt to stymie out of control inflation caused by the Federal Gov’ts liberal and stupid spending policies.
The biggest threat to this economy are the corporations! They’ll gladly bankrupt the people buying their products… then just move on to another country. How can the government continue to push the “inflation problem” onto ordinary people and expect the economy to survive?
zero men to offer their opinion