This is rough. I’m concerned they’re going to send us spiraling into a recession.
“As widely anticipated, the Federal Reserve once again raised its benchmark interest Rate 0.75 percentage points (75 basis points) on Wednesday, bringing it to a range of 3.75%-4% and said further increases were likely in the future.”
https://www.thebalancemoney.com/fed-squeezes-economy-harder-with-4th-steep-rate-hike-6824610