ABC News business reporter Alexis Christoforous discusses the latest on the U.S. economy as the Federal Reserve is expected to hike interest rates again and what that means for Americans’ wallets.
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#FederalReserve #InterestRates #ABCNLUpdate
At least we have no more mean tweets
Amazing video and thank you for breaking it down!! Despite the economic downturn, I'm so happy 😊I have been earning $ 60,000 returns from my $9,000 investment every 21days.
These big banks that OWN THE FEDERAL RESERVE ARE RUNNING OUR COUNTRY INTO THE GROUND. #endthefed
Wonder why the media is covering for the idiots destroying the country?
The economy has been driven by debt for decades. The consumer cannot take on anymore debt they are already drowning in it. Our economic ponzi scheme designed to transfer wealth to the few is starting to unravel. The printing from thin air of trillions of worthless paper dollars has consequences which we are beginning to experience now. Rising prices across the board, soaring inflation and debased currencies. Hard times ahead I am afraid.
Ha ha so much for all the diversity talk (eat the poor going on here…13 years of no interest and no big debt payoffs) powell punts when he should've voulkerized and the economy crashes anyway because the dollar has no value. Whole lot of bitches jumpin ship. https://youtu.be/_Cr0nP3k_p4
Absolutely she said nothing.
You could expect your equity to go down. That's not gonna help food prices and gas prices. Inflation was caused by giving money away When they did not need it Plus high gas prices and labor shortages. Consumer bought less because they've had to pay for gas, had nothing to do with rate hikes! The rate hikes are going to destroy the housing market.
The FED is a criminal private banking cartel. End the FED! We should print our own money.
Praise the Lord! Money commith to me in Jesus name. The wealth of the unjust is laid up for the just😙
Remember citizens, inflation is because of all those wage increases you didn't get, not all that money printing we did.
Democrats keep FKN us
Must be nice to be rich. Wonder if I can afford my mortgage later this year.
Democrats 👎 25 the amendment Joe Biden. Get the stooge out of office!
Who else knows who jimmy carter is and how atrocious his presidency was for the nation? Afterwards, who else knows what happened and how we bounced back to a roaring 80’s and 90’s…if you don’t, history is repeating itself with Biden. Pay off your debts…hunker down. Don’t be a sucker.
Fwedmust go with 100 BP hikeas with news of .75% currencies & stocksareflying higher & higher….
Shut down legacy media.
Housing market will lower prices, that's good
It's obvious that this report was politically biased. That's why all of the major companies are down 20 to 30% and they're laying people off it's because we have a strong job market. Peak inflation you have not seen Peak inflation yet. We have been in a recession since November. Interest rates work if you keep the rates above the inflation rate
But the White House keeps saying inflation doesn’t exist lmao
Strange thing is federal Bank is not fully controlled by American government it's private .
How many trillions went to the wealthy via trumps "tax cut?"
.75 only? We need volker
How the hell country survive without public when there is historical inflation hits more interest will only benefit tax thief or government most richest frnds but public will crippled which will benefit richest people in the end offcourse
Bidenflation
Literally the bottom line on this tells how bad it is, US Total National Assets are dropping a couple million a day and US Unfunded liabilities are jumping *20 million per day: https://www.usdebtclock.org/
What goes up, must come down.
Soo what is the money going to?.
If they use the money to help cool the citys then cool.
Use thirsty cement native shade trees solar color the roads red blue or even pink to show support to cancer people.
Inflation will not go down until next year
I though inflation predictions were a “right wing- GOP lie and fear mongering- scare tacticâ€Â
Let alone DOUBLE DIGIT inflation..? LOL
Tomorrow is the big day for Joecession…. His puppeteers better get a good night’s sleep in preparation for all the BS they’ll have to shovel tomorrow.
I hope y'all saved some of the stimmy checks you got last year. /s
These people are fucking stupid af!
Remember when Brandon said this about inflation "Our experts believe, and the data shows, that most of the price increases we've seen were expected and expected to be temporary." Let's Go, Brandon! Let's Go, Brandon!