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

Future Retirement Success

Politics

JUST IN: Federal Reserve Raises Interest Rates Another 50 Basis Points to Fight Bidenflation

by December 14, 2022
December 14, 2022
JUST IN: Federal Reserve Raises Interest Rates Another 50 Basis Points to Fight Bidenflation

Merry Christmas from the Federal Reserve!

The Federal Reserve on Wednesday raised interest rates 50 basis points – or 0.50% to fight Bidenflation.

“The Fed boosted its benchmark rate a half-point to a range of 4.25% to 4.5%, its highest level in 15 years. Though lower than its previous three-quarter-point hikes, the latest move will further heighten the costs of many consumer and business loans and the risk of a recession.” AP reported.

The Fed raised rates after the latest report revealed interest rates are still at historic highs.

“The consumer price index rose just 0.1% from the previous month, and increased 7.1% from a year ago, compared with respective estimates of 0.3% and 7.3%.” CNBC reported on Tuesday.

30-year fixed mortgage rates are now over 7%.

Joe Biden and Treasury Secretary Janet Yellen said this week that inflation won’t subside until the end of 2023.

Fed Chair Powell delivered remarks after the Fed raised rates again.

Powell signaled more rate hikes may be on the horizon.

WATCH:

DEVELOPING…

The post JUST IN: Federal Reserve Raises Interest Rates Another 50 Basis Points to Fight Bidenflation appeared first on The Gateway Pundit.

0
FacebookTwitterGoogle +Pinterest
previous post
Rep. Andy Biggs: Kevin McCarthy Will Not Win Speakership on First Vote – Several Republicans Have Excellent Resumes to Win (VIDEO)
next post
Las Vegas Police Release Booking Photo of Joe Biden’s Nonbinary Former Nuclear Waste Official and Pound Puppy Sam Brinton

You may also like

CAUGHT ON VIDEO: Arizona Election Worker Caught Misleading...

November 9, 2022

Unhinged Leftist Singing “F*ck Ashli Babbitt” Destroys Birthday...

October 11, 2022

Another Ghastly Day In NYC: Thief Robs Dead...

October 9, 2022

DEVELOPING: Trump Responds to Biden DOJ’s Latest Witch...

November 18, 2022

New York Republicans speak out against George Santos’...

December 29, 2022

Secret Service failures during Trump rally spur concerns...

July 24, 2024

Supreme Court to hear Title 42 oral arguments...

January 6, 2023

Democrats downplay Biden’s classified documents: ‘No comparison’ to...

January 10, 2023

Biden’s teleprompter ability not enough, Scaramucci says

June 30, 2024

Trump Trolls Biden For Being Seated 14 Rows...

September 20, 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

    • Trump to meet with Netanyahu as he pushes for ceasefire between Israel, Gaza

      July 1, 2025
    • Elon Musk claims of ‘pork’ in bill not even possible, Budget chair says

      July 1, 2025
    • Top 10 July 2025 Stock Picks You Shouldn’t Miss

      July 1, 2025
    • Licensing Cartelists Say the Quiet Part Out Loud in Puerto Rico

      July 1, 2025
    • Trump urges House Republicans to ignore ‘grandstanders’ and deliver his ‘big, beautiful bill’ by July 4

      July 1, 2025
    • S&P 500 Earnings for 2025 Q1 — Still Overvalued

      July 1, 2025

    Categories

    • Business (8,354)
    • Investing (2,093)
    • Politics (15,907)
    • Stocks (3,183)
    • 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