The Federal Reserve is expected to raise its benchmark rate by three quarters of a point, the largest increase since 1994, in an effort to stave off inflation. ABC News’ Ike Ejiochi reports.

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By carmodpros

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20 thoughts on “Fed to announce historic rate hike”
  1. WHAT DO YOU MEAN THERE ISNT ENOUGH MONEY IN THE WHOLE WORLD TO PAY YOUR INTEREST!!!!!! WAS IT TRIANGULATION OR STRANGULATION!!!!! IF I SEE A SNAKE IM GOING TO KILL IT ITS ALREADY BUILT IN… FEDERAL RESERVE YOUR PRICING YOURSELVES INTO EXTINCTION. DONT TREAD ON ME!!!!!!!

  2. The republicans will not need to spend a dime on elections. Why to screw the average american Biden.

  3. More money out cha pockets outta your homes,an outta your family’s Mouth…The Government gotta get Ready for Russia 🛫🇷🇺💥💥💣💣🇺🇸🛬

  4. I don’t think I can take anymore 🤦🏾‍♀️ lets go Brandon

  5. the only way to bring down the inflation is raise the federal minimum wage or force the economy backwards.. Better then the Sequestration we had to go through during Bush's recession.

  6. I've noted that the Fed increases or decreases interest rates in quarter percent increments. I have yet to see a different amount. Is the Fed's understanding of the economy not good enough to make finer adjustments?

  7. This always happens… when a republican president is running the country economy is growing, when a democratic president is in its in rebuild mode. I give up with both of them 🤷‍♂️

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