Investors and economists had widely anticipated the quarter-point increase — or even a pause — amid the meltdown in the banking sector. This story is developing and will be updated.
Newsflash: Fed fights inflation with inflation. Carry on.
Inflation inflation. Isn't this the problem which made Germany go crazy a long time ago? But the old german idiots mistakenly blamed jews for it. No jews affecting American inflation today. So it is safe to have run away inflation. No one to blame. Praise Wall Street.
This helps the rich make up their money loses to inflation while screwing over regular people. Terrible
Biden destroying America one day at a time!!!
Why would they do that because according to our president our economy is outstanding.
Wait, Biden says there's zero inflation.
BidenBoom
早上好啊
Good ol inflation. BuIlD BaCk BeTtEr 🤡🌍
Plus de morts civils en Haïti qu'en Ukraine
You're only a day late.
Joe Biden is killing it!
Bidens America
MattEganCNN The reason for all of the rate increases are from bidens policies
Should be a few more coming up , especially we still have a recession looming , people are still spending frivolously , America is in love with cheap Chinese crap , shame people don’t take lesions and save there dough like grand parents did , people live in the moment .
find out whom is delaying all trumps indictments and you will learn who is paid by trump to evade all justice because trump must continue to habitually break the law and rub our face in it. its his TV reality show, and a psyc behavioral need that must be met.
Here is how it's going so far.
Fire this man. The solution cannot always be to hurt regular people and leave corporations, who are making record profits, alone. Raising the interest rates is a cop out. Get RBReich in as the new Fed Chairman.
Democrats caused this inflation by forcing lockdowns and just keep printing money while fighting an airborne virus with a mask.
The Fed is poised to cause a Recession. Is the Fed Republican?
It's easy. Call the President, tell him to quit spending , quit paying people not to work (inflationary) and reset the economy to encourage work. (Productive) You get more real income, and more supply... But Joe knows better ;) StephanieKelton JoeBiden GovRonDeSantis
'We'. Who's 'We'?
Dairy farmers have kept milk at 2% for DECADES!
End the fed
No sh&t Sherlock. Here's an idea ... Put Trump back in, he fixed it for Obama ...m
If hope Americans realize how rough of a n economic ride we have ahead and that they are being smart about their spending unlike our government
Processing the info, but loving the 'Roman's Numeral' tag.
Bull run or bearish?
By making rent and mortgage unaffordable
Fire that guy
That can’t happen as long as they are involved in Ukraine war
how does this help people?
Raise rates only jokes america
Wish they would have paused - for multiple reasons - but for them it’s data, data, data.
Thanks FJB! Your economy SUCKS.
What a joke. Inflation is caused by brandons reckless spending. Stop that and problem solved.
Building Back Better
Biden administration’s authoritarian targeting political opponent Trump with convoluted bizarre legal arguments will absolutely undermine American 🇺🇸 values & principles… Democrats is turning America🇺🇸into an autocratic state & the world is watching in absolute shock & horror…
Actually if not for the bank crisis it might have gone up a half point.
Lol Israeli worshippers banned caste system apparently. Only israleis are gods chosen Says yanks
Jerome Powell and Janet Yellen are the MOST CONFUSED 😕 monetary policy Feds in the history of America, basically they are playing Vegas poker with Americans economy and it's not going well and they are sinking US.
I am sooo sick of hearing about the FED and interest rates!!$ TaxTheRich
He needs to go.
So the people pay for banks greed - got it
I have low trust in this guy, send Kamala
So it'll create more inflation while CNN covers up for them! 👍
How to ruin the lives of the middle class, Buy this house cheap 2% interest rate. Now I will raise the rates to a point you will be bankrupt.
Do they know how to do anything else constructive?
Trump inflation 1.4%
The Biden administration is destroying the American economy.
Dont fucking fight me
I don’t think they’re accounting for corporate greed as a factor in this inflation. Raising rates aren’t going to stop this.
Jerome Powell is creating a recession and massive unemployment. Congress needs to step up and stop this madman from destroying whats left of our economy.
Are we better off than 4 years ago?
END THE FED!
okay, this is getting stupid.
After people escape the Matrix they need to come to Islam “If anyone desires a way of life other than Islam (submission to the will of God), never will it be accepted of him; and in the Hereafter he will be among the losers.” -Quran 3:85
It’s not stubborn when you printed trillions for stimulus packages. Inflation is to be expected from it.
Just bump it up to 💯
😂😂 Yellen said it was temporary.
You only have JoeBiden and TheDemocrats to blame
bidenomics
Wait... Didn't Brandon just say a week or two ago that inflation was under control?
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Why the rate hike is stupid & stubborn
Why the rate hike is stupid & stubborn
Once again, the government cares more about the banks than the people..
But JoeBiden claims inflation act has curved this problem and inflation was falling but now the feds are rising rates 🤔. Might need to start selling your stocks before the bottom falls out asap
One thing has absolutely nothing to do with the other
hahahaha ahahahahah, oh god, it is really crazy
The Biden inflation is unstoppable without spending cuts. The Fed can only slow it
I'm confused.
Bitcoin obsoletes dollar slavery.
Stubbornly high inflation Ummm ok
This will quickly stabilize financial risk, and I support
Over correcting this fast could throw us into a recession. Someone throw out the bat signal for RBReich
What was Joe’s budget proposal again? 6 trillion?
NEWSFLASH POWELL: IT'S NOT WORKING
Banks failing and receiving bailouts while the Fed raises interest rates to encourage people to reduce spending, limit hiring, and increase job losses.
Thanks jay money
Screaming eagle Cabernet it is!
I’m sorry I am trying to figure out how this helps anything or anyone? Good luck selling your homes this spring… pretty soon nobody will qualify. 🤷🏻♀️
Raising interest rates at this point won't bring inflation down. Companies have already corrected prices to not only cover higher costs but to make even more money so they won't be dropping prices back to pre covid levels.
Our Govt is bailing out banks it's a continuation of 2008 and Taxpayers are footing the bill
Aiming 2 targets at the same time the probabilities are you won't hit neither
Raising interest rates while you are spending like a drunken coed really makes no sense
We don't need 2 years of constant rate hike drama ... FOMC is hurting the individual investors who own bonds. FOMC and Powell need a shot clock.
Biden’s America!
Sell stocks and invest in Gold. Be safe.
So if that will work, why didn't it work the last time?
CEOs: let’s price gouge everyone and call it inflation Fed: well, since we are too scared to hold certain CEOs accountable, we will just have to destroy the banking and housing economies
Holy shit this is getting crazy
Unbelievable, how is this helping people?
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