The decision, at the conclusion of the Federal Open Market Committee’s first meeting of 2023, comes after months of jumbo-sized rate increases intended to cool the economy, and marks the return to a more traditional interest-rate policy.
“The Committee anticipates that ongoing increases in the target range will be appropriate in order to attain a stance of monetary policy that is sufficiently restrictive to return inflation to 2 percent over time,” they wrote. The extent of these “future increases,” they said will depend on a number of economic and financial factors. While those trends could make the case for slowing rate hikes after months of unusually aggressive action, the central bank is far from declaring victory.
Know that funding a war isn't an easy thing. Trillions are needed for the proxy war somewhere in Europe. Be ready for more hikes etc.
Funny how even negative economic moves are presented positively under a Dem run administration.
Stephen Miller DESTROYS CNN hack Jake Tapper on his own show,
Raise it higher. No one cares. It's just money. Let all of us working class familes eat cake.
How about those ratings CNN? If you would start telling the truth and stop being hyperbolic and propagandists for democrat leftist politicians who policies are destroying this country. Maybe the reason is CNN gets funding from the CCP.
Safe and effective huh!.
At $31.4 Trillion US public debt, it is necessary to hang the cost of the debt on the American people with a high interest rate.
Every Country facing difficulties that is reason Russia and Ukraine war now enough is enough back NATO this is fail mind of President Joi Biden America not want peace in the world every kinds of tragedy responsible Americans Government
Assalamu Alaikum, the thief politicians in Pakistan have destroyed the house of Pakistan and instead of giving our duty on the borders, they are giving their duty in politics. will have full rights
Did Biden profit off the billions flooding into Ukraine proxy war? How does he afford multiple vacation homes on a government salary?
Sweet more money to the banks. The loans have slowed down to more of those that have to do it & get punished. Fail
Improved inflation outlook? I'll bet my savings it gets worse. Hold me to it, 1st person. I'll give my retirement to you.
Lmfao 💯
Too late when they started, so inflation was high for the 2022 election. Now, they continue when no hike is needed. Working towards a recession just in time for 2024 election.
It's all a large crook of s**t. Just reigning in the middle class. We were demanding larger pay checks. By the way what lower energy certainly not gas!!! It's going up to probably $4.00 they say. Joe's big help was very temporary and he knew it. He was desparet before election.
Nobody and I mean nobody believes inflation is improving!
CNN has had its lowest ratings in 9 years. Not surprising, when you insist on being a fake news, leftist propaganda network instead of a trustworthy and credible news outlet.
Joe Biden is truly the worst President ever, and Obama's right by his side, Joe Biden is the cruelest president by far hurting so many American people on purpose. IMPEACHBIDENNOW
Thanks to our wonderful senile leader of our country and his liberal agenda, lol! You can thank him for grocery prices, being a measly 72% higher in conjunction with gas prices. All those folks care about? Wearing a mask, transvestites, and other silly, senseless things.
Guess that Inflation wasn't so transitory huh CNN? Like we're Not in a Recession w/ 21 Straight Months of Wage Declination & GDP Loss... Might be why those rating's are Snowballing into the Toilet! 😂😂😂
WTF?!!! Trump now!
rosemaryCNN Thanks for this very interesting update,Rosemary.
Still over 6.5% This has been devastating for the past two years. When will the lies stop. Inflation is at historical highs. And the politicians are telling us we are doing better? Stop the political bullshit and lies we are sick of both. Why do We the People accept the lies?
Yup… Biden Administration economics plan is taking shape.. Housing sales will tank, foreclosures will explode, float cash for small businesses will be nonexistent… success,, success..
It is obvious at this point that the fed is pushing the economy off a cliff to intentionally put America into a Great Depression
I have an idea, quit giving away shit to Ukraine, make them pay us or don't give it to them. We need the money for our own country.
Fuck this shit! Eat the rich!
STOP LYING!
DON’T GET SCROOGED. UNCLE SCROOGE:BACK TO THE KLONDIKE COMIC DROP ON VEVE 2/3/2023 ECOMI, OMI, HOMIE
L'art de duper les foules !
Impeach this failure of a president!
Ok Powell enough!!!
2023 gonna be ROUGH