Fed Raised the Interest Rate

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3 responses to “Fed Raised the Interest Rate”

  1. Trump is having a very bad week, between the joint resolution to end the Iran war, and now the fed doing exactly the opposite of what he desired.

  2. This was nothing but another “Theatrical” rate change for the mouth breathing ignorant public school educated masses. Its a lousy quarter point. The rates have NEVER gone above negative in this century. The current rate is nowhere even close to the “Real” Inflation rate
    Until the rates go positive above the REAL inflation rate, this does nothing.

    1. A “lousy Quarter Point” is billions more every year in servicing the 40 trillion national debt.

      It’s current bonds LOSING Value as the price for bonds in inverse to rates. Hight rate bonds are MORE Valued than older ones. That affects bond funds and such thus affecting Retirees that HAVE to withdraw funds after age 73 regardless of stock prices.

      Hundreds more for folks struggling to pay their mortgages. Car payments and so on.

      That “Lousy Quarter point” affects businesses trying to get the credit they need to buy stuff for their stores, truckers credit cards for diesel and so on.

      AND SO, Prices climb to cover the operating costs that rose from that “Lousy quarter point”.

      AND it’s just the start as more “Lousy Quarter points” are going to show up in the next 12 months.