The Federal Reserve to raise the interest rate .75%, the announcement this Wednesday...
1/🧵
1/🧵
As inflation becomes more out of control the FED is set to decide to raise interest rates .75%
- The FED hasn't made that substantial of a hike since 1994
- At the beginning of their meeting on June 4th they initially decided to raise in the interest rate another half.
2/🧵
- The FED hasn't made that substantial of a hike since 1994
- At the beginning of their meeting on June 4th they initially decided to raise in the interest rate another half.
2/🧵
- But as new inflation and tumbling stock market numbers emerged the new rate hike number will be .75%.
- New consumer surveys have stated that inflation could hit 9% by next month and the planned rate hikes won't composite for Biden's runaway inflation.
3/🧵
- New consumer surveys have stated that inflation could hit 9% by next month and the planned rate hikes won't composite for Biden's runaway inflation.
3/🧵
- The FED raise the rates .50% last month, the first such rise since the year 2000.
- The central bank and the world bank are also set to raise interest rates.
- Golden State Times will LIVE stream the FED press Briefing below 👇
youtube.com/goldenstatetim…
4/4 END OF THIS 🧵
- The central bank and the world bank are also set to raise interest rates.
- Golden State Times will LIVE stream the FED press Briefing below 👇
youtube.com/goldenstatetim…
4/4 END OF THIS 🧵
For more information on interest rates and the crashing Biden, economy click below
goldenstatetimes.com
#Economy #Biden #Inflation #FederalReserve #interestrates
goldenstatetimes.com
#Economy #Biden #Inflation #FederalReserve #interestrates
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