The Federal Reserve is set to announce an interest rate increase in the hopes of tamping down inflation. ABC News’ Alex Presha reports on why Wall Street is so worried.

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27 thoughts on “Americans brace for interest rate hike”
  1. Yea! Pay high interest rates or live within your means. All the while the Government continues to spend and print money. If you so dare try to part of the solution rather then the problem, they silence you! The Greedy will stay greedy and ths poor will stay poor.

  2. I swear, how fucking dumb do you have to be to think "Creating money" won't lead to inflation? Literal text-book definition. Electric cars for everyone, just sacrifice yourself today and in the future for a battery car that's less repairable, more expense to repair, more expensive to buy, and has less range/convenience than your typical gas car. If global warming doesn't kill us first, democratic policies will.

  3. Who pays…..YOU DO!

    Biden’s reckless spending, recession, inflation, attack on our energy sector, and surrender of our southern border.

    Inflation and fuel at a 40 year high. Never underestimate Biden’s ability to F things up!!!

  4. IMAGINE LIVING IN A BORDER TOWN, HOW YOU DEMOCRAT WOULD LIKE TO VOTE??? MORE INFLATION, 401K LOST, GAS PRICES RECORD HIGH AFTER ELECTION, MORE CRIMES, ABORTION YOUR FIST AGAINST GOD, HEIGHTENED RACISM AGAINST ALL RACES, YOUR KIDS INDOCRINATED AGAINST PARENTS, INCREASED WELFARE FEDERALLY, NEED I SAY MORE…BUT DEMOCRATS HAVE BEEN SOCIALISTS FAVORING ELITE CLASS OF BATES, SCHWAB, SOROS, UNITED NATIONS ELITE.

  5. Democrats desperate to divert attention from their obviously failed policies to “abortion rights” and “saving Democracy”. Not like Republicans are any better though.

  6. Let’s get that dementia patient out of the White House and into hospice care😂

  7. Of course Biden gets the blame for all of the stench that was left him from the pandemic to the last administration.It will take a while to build back a better America,but I am confident it will happen given all of the challenges the world has faced.

  8. Ok, we all know the lies that MAGA Fascists will be flooding this comment section with. People with an IQ above room temperature know that economists blame the pandemic and Putin's war for inflation, and it's happening all over the world. So tell us, people of the far right, what Republican politicians would be doing about it right now if they were in charge? They'd be doing the same thing they've been doing for decades, cutting taxes on the rich and corporations, and undoing regulations on corporations. Now go ahead and spam my comment with mindless deflections and avoid answering my question.

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