The United States Federal Reserves FOMC committee has announced they will raise interest rates by 25 basis points. Eight members of the Federal Open Market Committee are expecting more than seven rate hikes in 2022. I think 7 hikes to the United States interest rate would be way too much. I like the FED’s aggressive posturing here but it could be disastrous to actually follow through. Want to hear more discussion on how delicately the FED will need to proceed through this process? Check out our interview with New York Times best-selling author Christopher Leonard linked below.
Will the FED Crash the Market? How Easy Money Broke The American Economy | Chris Leonard Interview: youtu.be/w5XUvjnd3EY
#RateHike #FED #FOMC
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