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

Chip Roy, Jim Jordan spotted having intense discussion...

January 4, 2023

3 US service members injured on Gaza humanitarian...

May 24, 2024

Poland says Moscow is ‘mocking’ Trump with deadly...

April 14, 2025

BRENT BOZELL: The surprising way Donald Trump can...

October 31, 2024

Planned Parenthood Blasts Monroe Film ‘Blonde’ for Forced...

October 2, 2022

New Mexico governor says Republicans should ‘thank’ her...

September 15, 2023

“Without Russian Gas, Our Economy Will be Dead!”...

September 28, 2022

This Is Interesting: San Francisco Police Dispatcher Describes...

October 29, 2022

Jordan says cuts to military spending should be...

January 8, 2023

New Hampshire’s GOP governor to DNC: ‘We will...

January 5, 2023

    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

    • HMRC inheritance tax investigations surge 37% as treasury seeks to plug revenue gap

      June 9, 2025
    • Believ secures £300m to roll out 30,000 public EV charge points across the UK

      June 9, 2025
    • US and China hold London talks to ease trade war tensions

      June 9, 2025
    • British fathers urged to join landmark ‘dad strike’ over poor paternity leave

      June 9, 2025
    • IVF parents should have right to paid fertility leave, says GMB union

      June 9, 2025
    • Reform UK clashes with Bank of England over interest payments to lenders

      June 9, 2025

    Categories

    • Business (8,158)
    • Investing (2,019)
    • Politics (15,571)
    • Stocks (3,136)
    • 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