The Federal Reserve raised interest rates by another three-quarters of a percentage point to tamp down inflation.
READ MORE:
US economy shrinks for a 2nd quarter, raising recession fear: https://abcn.ws/3cHWRUB
#ABCNews #federalreserve #interestrates #inflation #economy #recession
We lived in a world that rewarded Child Molesters & highly Abusive men and gave fur floor length coats and 7 carat diamond rings to young confused drugged up Satanic Prostitutes with fake million dollar plastic faces and hacked up body parts who carried Black Books and Plan B rxs in their handbags with muzzled mothers with coward fathers who rode their spotlight in fear that their sickness might be cured. “FALL OF THE EMPIRE OF SILENCED IDIOTS†#NOTOURDREAM #WOMENOFTHEUN #ANTISLAVETRAFFICKING #ILLALIENS
-AMBASSADOR EDWARDS 🇺🇳🇺🇸ðŸ•Å
Love USA from Cambodia, wish everyone stay safe and healthy
rich man gets richer and poor man gets poorer
That's a huge rise in mortgage rates….
Gas prices have risen all over the world not just in America.
Go protest outside the homes of the ExxonMobil & Chevron CEOs and their family members until they lower gas prices.
Fed = private banks. Rising rates gives themselves a raise.
Let’s go Brandon!
Turkey has one of the highest inflation rates in the world. In June, consumer prices rose 78.6% year-over-year.
Yup and dont forget crime rates is going up too
Better Be prepare. The purge is coming.
Worst president in my lifetime.
Flashback to the Carter administration.
How does raising interest rates slow recession? Someone smarter than me please explain this to me ðŸ¤â€
Seems to me raising interest rates hurts the people who can least afford to pay more on their credit cards and loans like cars let alone afford to buy a house? Don’t banks and mortgage institutions make more money with higher interest rates?
And the Fed could care less about the poor people in America.
I know of No way to control inflation caused by virtual monopolies. Shipping companies are parking ships in order to keep prices at the highest level ever. Oil companies are making profits higher than ever before. As long as we allow the virtual monopolies to form you have to expect this.
Lol we've been in a recession, a bunch of liars
Recession: Two consecutive quarters of decline in a country's Gross Domestic Product (GDP).
https://youtube.com/user/jf960630
Whoa. Really
How does raising interest rates slow recession? Someone smarter than me please explain this to me ðŸ¤â€
Seems to me raising interest rates hurts the people who can least afford to pay more on their credit cards and loans like cars let alone afford to buy a house? Don’t banks and mortgage institutions make more money with higher interest rates?
Turkey has one of the highest inflation rates in the world. In June, consumer prices rose 78.6% year-over-year.
You know honestly this is the eradication process of getting rid of the middle class family!
There is no such existence of a middle-class family that's what their theories are about!
To destroy and build from scratch! Nonsense and if it don't make dollars it don't make sense!
To drive families to complete ruins
China and Russia aren't in a recession. LOL.
(1:17) if they are downsizing to a one-bedroom apartment and it is more expensive than the previous two-bedroom — why move at all?!?!?
To be expected since the end of QE
This country is so corrupt
The low interest rates for as long as they were was the cause . You cant loan money at 0 % for long without causing problems . Its a no brainer .
This is what BIDEN voters wanted!
Interest rate hike make people poor and poor 🤣😂
These lying bastards, are tying themselves in knots to keep from telling the American people the truth about the leftist that now run our government. If only Donald Trump could’ve gotten that kind of support from the media when the economy was booming. #RightSideOfTheMicTx
That's a huge rise in mortgage rates….
I'm expecting the usual lies from the inbred semi-literate knuckle dragging mouth breathers who blame President Biden for everything bad happening all over the world. Come on, MAGAts, pretend you have some credibility and tell us how the inflation here is entirely different from the inflation happening in the rest of the world.
Crack down on the price hike in the reality prices! I blame greed from the business sectors for the inflation!
Thanks Biden your truly are the best ! You might be the worst president that America ever had !!
way to go Biden
Its the economy, stupid.
Q
Resesi itu nyata
it will get a lot worse before it gets better
We are in recession, now not only has EVERYTHING gotten insanely expensive but your debt has gotten more expensive as well. Also, the Dems are trying to impose more tax and spend bills on top of it!! This administration can't get out fast enough!!
We need to cut taxes on the rich so they have more money to trickle down on us. Kind of like giving one man a glass of water to save another man dying of thirst with the extra piss he'll produce.
We’ve been 😂
So… have we sent $40 billion to Ukraine yet for the fifth, sixth, seventh, eight, ninth time? Atta boy Joe! Whoops I mean Brandon.
I wonder if they're doing the headless chicken thing from South Park to make these decisions.
Not the first time not the last time
How are they still pushing the denial. This is outrageous
Can we have more free money!?
…..The Biden/Harris Recession…who voted for this?
so they've raised it 4 times now and not getting the results that they want. what's the line about doing the same thing over and over and expecting different results?
Shocking
Ladies and gentlemen… we are officially in a recession
No kidding, my family usually spend one hundred and fifty dollars a week on groceries and this week it went to two hundred.