Fed hikes interest rates by 75 basis points for fourth straight meeting

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The Federal Reserve enacted its fourth consecutive 75-basis-point interest rate hike as it attempts to cool inflation without triggering an economic recession.

told reporters during a press conference in Washington. "So that time is coming. And it may come as soon as the next meeting, or the one after that. No decision has been made."

"Let me say this," he said. "It is very premature to be thinking about pausing. When people hear lags, they think about pauses. It's very premature, in my view, to talk about pausing our rate hikes. We have a way to go."

 

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Holds for 10% interest rates when Fed default and can’t pays interest rates on 31 trillions $ US debt obligations

i hate him

IT'S THE GAS PRICES STUPID! Morris Kent Thompson For President - APAP

Why is the inflation rate goal 2%, when the world population have grown with 40% since the 2% goal was invented?

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