Future Retirement Success
  • Politics
  • Business
  • Investing
  • Stocks
  • Politics
  • Business
  • Investing
  • Stocks

Future Retirement Success

Politics

Karine Jean-Pierre Amid Recession and Rate Hikes: What We Are Seeing Is a Transition to a More Steady and Stable Growth (VIDEO)

by September 23, 2022
September 23, 2022
Karine Jean-Pierre Amid Recession and Rate Hikes: What We Are Seeing Is a Transition to a More Steady and Stable Growth (VIDEO)

White House Press Secretary Karine Jean-Pierre on Friday said the US economy is in a transition to a more steady growth.

The US is currently in a recession after two back-to-back quarters of negative GDP growth.

The Atlanta Fed predicted the GDP will have NEGATIVE growth for the third straight quarter this year.

The Federal Reserve on Wednesday raised interest rates by another 75 basis points – or 0.75% to ‘fight’ Bidenflation.

The fed funds rate is now in the range of 3% to 3.25% – the highest since 2008.

30-year fixed rate mortgages already hit 6.25% last week.

The DOW Jones Industrial Average opened Friday under 30,000 points as the Biden economy shows its colors.

The DOW opened Friday morning at less than 30,000 points. When Biden took over the markets were above 31,000 points.

The recession is real. Depression is increasingly likely.

However, Biden’s incompetent White House spokeswoman says we are in a transition to a steady and stable growth.

No serious person believes her.

“What we are seeing…is a transition to a more steady and stable growth, and that’s what we’re currently seeing,” Karine Jean-Pierre said.

VIDEO:

FBN’s @EdwardLawrence: “So, the [Fed] is saying…the economy will…slow down to growing just 0.2% for the entirety of this year and…1.2% for next year. Is this the stable growth [Biden] is moving us toward?”

KJP: “[W]e’re coming off of last year’s historic economic growth” pic.twitter.com/QxhEJEeGdN

— Curtis Houck (@CurtisHouck) September 23, 2022

The post Karine Jean-Pierre Amid Recession and Rate Hikes: What We Are Seeing Is a Transition to a More Steady and Stable Growth (VIDEO) appeared first on The Gateway Pundit.

0
FacebookTwitterGoogle +Pinterest
previous post
Joe Biden to Woman at DNC Event: “You Gotta Say Hi To Me! We Go Back a Long Way.. She Was 12 and I Was 30, But Anyway” (VIDEO)
next post
BREAKING: Obama Appointed Federal Judge Denies AZGOP Chairwoman Kelli Ward’s Lawsuit To Prevent T-Mobile From Providing Phone Records To Liz Cheney’s Jan 6 Committee

You may also like

House GOP moves to name US coastal waters...

June 13, 2024

JUST IN: Recount Confirms GOP Rep. Lauren Boebert...

December 13, 2022

Who is JD Vance’s wife, Usha Vance?

July 16, 2024

Trump says he will not testify at his...

December 11, 2023

House Republicans blast ‘cry wolf’ conservatives who tanked...

April 11, 2024

Iran’s long trail of deception fuels skepticism over...

April 19, 2025

How Trump and Speaker Johnson could force the...

November 19, 2024

Mike Johnson replaces powerful Intelligence Committee chairman after...

January 16, 2025

August is often the strangest month in politics,...

August 9, 2023

BREAKING: Biden Admin Can’t Account for $20 Billion...

November 27, 2022

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Rescissions: A Small but Welcome Step Toward Spending Discipline

      June 5, 2025
    • DAVID MARCUS: Why Navy ships should not be named for gay rights icons

      June 5, 2025
    • GREGG JARRETT: Biden, the ‘marionette president; and the case of the runaway autopen

      June 5, 2025
    • Trump Practically Bans Travel and Immigration from 12 Countries with Flimsy Security Justifications

      June 5, 2025
    • ‘He’s not a big factor’: Trump’s Senate allies dismiss Elon Musk’s calls to ‘kill the bill’

      June 5, 2025
    • Fears grow that Tata Steel could be excluded from Starmer-Trump trade deal

      June 5, 2025

    Categories

    • Business (8,147)
    • Investing (2,008)
    • Politics (15,523)
    • Stocks (3,127)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: futureretirementsuccess.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 futureretirementsuccess.com | All Rights Reserved