Fed Issues Biggest Rate Increase in 22-Years
The Federal Reserve raised interest rates by a half-percentage point this Wednesday to get a handle on the worst inflation America has seen in 40 years.It’s the first time in 22-years that the central bank has ‘hiked’ rates this much, and it’s no coincidence that this happens in ’22. This goes hand-in-hand with the Dow falling 810 points back on April 26 and the Deutsche Bank warning about recession. More is coming and this […]
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