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Fed Squeezes Economy Harder With 4th Steep Rate Hike

Tags: rate

This is rough. I’m concerned they’re going to send us spiraling into a recession.

PHOTO: DREW ANGERER / STAFF / GETTY IMAGES

“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



This post first appeared on Anthony Casimano, please read the originial post: here

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Fed Squeezes Economy Harder With 4th Steep Rate Hike

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