Fed raises interest rates by 0.75% in effort to curb inflation l GMA

1. That could possibly cause a further recession.

2. Democrats did this!!!!!

3. removing biden would be better

4. Feds raise the prime rate from 4.00% to 4.75% All because President Blamer shot inflation in 12 months from 4.99% to 8.58%

5. This is bullsh$t. This is going to hurt the low and middle class. Most will never be able to afford a house, especially with interest rates doubling.

6. #ENDTHEFED

7. Let’s Go Brandon!

8. The purchasing power of the average worker’s weekly pay declined by 2.3 percent from December 2020 to December 2021 since then things have only gotten worse.

9. "By a continuing process of inflation, government can confiscate, secretly and unobserved, an important part of the wealth of their citizens." — John Maynard Keynes

10. We're All Going to Die

11. The purchasing power of the average worker’s weekly pay declined by 2.3 percent from December 2020 to December 2021 since then things have only gotten worse.

12. It’s so depressing…my family is facing financial crisis coz of all these economic bullshit

13. Always good to hear your thoughtful and logical analysis. That small rally was a set up!! we are entering a crab market. As traders we can still make good money 😀. Trade a small percentage of your portfolio rather than going in and out every couple weeks trying to time the market 👌 trading went smooth for me implementing Mrs Clara Greens daily trading signals and tips.

14. The latest figures on inflation for these countries indicate the following: Germany at 7.9%, France at 5.2%, Japan at 2.5%, India at 7.04%, Canada and Italy at 6.8%, and Saudi Arabia at 2.2%. Meanwhile, data released last week showed that U.S. inflation rose in May to a four-decade high of 8.6%.

15. For the financialy responsible, this slowing economy will be your moment.

16. But we can afford to send 54 billion to Ukraine.

17. Protest outside Oil company CEO homes until the price goes down !
    
    This is not a supply issue, this is supply at higher cost exploitation.
    
    Billions given to Billionaire Musk to allow Billionaire Trump back on Twitter.
    
    American corporations are taking advantage of inflation as a cover to increase their prices and profits.

18. As an economist I feel the urge to comment on the title of this video: "Fed raises interest rates by 0.75%". If this was true, the FED rate would be 1 % x increase of 0,75 % (= 0,0075 ), making the new FED rate 1,0075 %. The correct way to describe it is saying FED increased the rates by 75 percentage POINTS (sometimes also called "basis points". The increase from 1 % rates to 1,75 % is a 75 % increase.

19. EVERYBODY is reaping EXACTLY what they sowed. ZERO EXCEPTIONS. ZERO EMPATHY.

20. let's be real, the only ones being affected by this and gas prices are middle class and the poor.

21. The purchasing power of the average worker’s weekly pay declined by 2.3 percent from December 2020 to December 2021 since then things have only gotten worse.

22. The purchasing power of the average worker’s weekly pay declined by 2.3 percent from December 2020 to December 2021 since then things have only gotten worse.

23. "By a continuing process of inflation, government can confiscate, secretly and unobserved, an important part of the wealth of their citizens." — John Maynard Keynes

24. "By a continuing process of inflation, government can confiscate, secretly and unobserved, an important part of the wealth of their citizens." — John Maynard Keynes

25. "By a continuing process of inflation, government can confiscate, secretly and unobserved, an important part of the wealth of their citizens." — John Maynard Keynes

26. Damn Bidenomics😡

27. 0:45 screams in dollar bills

28. hmmm those tax breaks for the rich are not aging well 🤣🤣🤣

29. gas dropped 10 cents, thanks fed for your hard work

30. The Democrats have literally destroyed this country in under two years. Joe Biden is beyond incompetent.

31. Using inflation to curb inflation 🫡

32. Interest rates are gona climb. and Americans are gona start to lose their houses.

33. We're going to lock down again in the winter because of the next Corona surge, and it's only going to make inflation worse.

34. This is what corrupt republicans do Raise the interest rate 75% for the poor and let the rich get away not paying taxes, Vote republicans out There not working for the United State Citizens And who could afford the payments on that Is 75% interest rate .

35. SO THEY'RE PRICE GOUGING DURING A SO-CALLED PANDEMIC

    THIS IS A VERY KKROOKED AND KKKORRUPT GOVERNMENT THAT'S BEING RAN BY THE POWERS TO BE.

    MILLIONS OF HOMELESS HUNGRY HUMANS WORLDWIDE YET THESE GOVERNMENT OFFICIALS AND WORLD LEADERS FEEL IT'S MORE IMPORTANT TO SPEND TRILLIONS OF OUR TAX DOLLARS TOWARDS MILITARY WARFARE

    RECOGNIZE ME AS THE CHIEF OF ALL CHIEFS, WE HAVE PASSE'

    IGNORANCE OF THE LAW IS NOT AN EXCUSE

    HE WHO HAS PASSE' DURING THESE TIMES OF IMPASSE' IS THE NEW PASSE'

    SPRAYING CHEMICALS IN THE AIR IS CALLED CHEMICAL ENGINEERED WARFARE

    JUST LIKE IT IS A KNOWN SCIENTIFIC FACT THAT WHEN YOU ARE BREATHING IN YOUR OWN BODILY WASTE YOU ARE GIVING YOURSELF CO2 POISONING

    THESE DOCTORS SCIENTISTS EDUCATORS EXPERTS GOVERNMENT OFFICIALS AND WORLD LEADERS KNOW THIS AND THE FACT THAT THEY KNOW THIS IS A CRIME AGAINST HUMANITY

    ALL THIS FINGER POINTING YET BOTH DEMOCRATS AND REPUBLICANS ARE INVOLVED BECAUSE BOTH DEMOCRATS AND REPUBLICANS CHANGED THE SEAL ON MARCH 16TH 2020 WHICH WAS CHANGED TO THE WHITE HOUSE SEAL

36. Once you understand why the comments with the most replies are investment scams, you can predict a crash.

37. You can't curb inflation with raising rates when the major issue is a major supply chain breakdown with JIT. that's what is driving up much of the costs, including fuel costs. He can raise the rates 100% and that won't fix supply chain breakdowns, but it will destroy the housing markets, etc.

38. Even a total economic collapse would leave a reasonable family home a few lifetimes out of my reach.

39. Even the reporter looks tired af.

40. It's too late

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