Ned Davis Research chief US strategist Ed Clissold explains how investors should react to the Federal Reserve on 'Making Money.'is likely to ink its eighth straight interest rate hike on Wednesday as it continues to battle stubbornly high inflation, and while the increase is expected to be more subtle this time, it still means higher costs for borrowers.
"As rates rise, it is good to reevaluate paying down any liabilities, particularly those with variable interest rates such as credit card and [home equity line of credit] debt," Harrison said.Matt Schulz, chief credit analyst at LendingTree, said credit card interest rates are already as high as they have been in decades, and will likely continue to get worse in the near term.
Stop wasting hundreds of Billions each year on Illegal Aliens, along with cutting Pork Projects that don't benefit the Nation as a whole, and you would see inflation go down. Less Spending money we don't have = Less Inflation.
Duuuhhh You don't say?! Who the hell are the Playschool My First Writers you are hiring?
Not 1 out cry from any politicain save maybe RepThomasMassie