WASHINGTON, D.C. – Interest rates went up a quarter point on Wednesday, but the Federal Reserve is signaling going forward they may pause rate hikes after their streak of 10 in a row.
“Our future policy actions will depend on how events unfold,” declared Federal Reserve Chairman Jerome Powell.
The Fed hopes their string of rate hikes will help bring down inflation, but now they’ll step back and assess if it’s time to pause the rate hikes amid growing concerns. Powell said they’ll be monitoring factors like the recent bank failures to see if it’s time to cool the rate hikes, but he expressed confidence in the system.
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The US Federal Reserve recently announced its 10th interest rate hike in three years, despite mounting concerns of a possible recession and continued failures of banks. This decision has led many to criticize the Fed and its policies.
The reasons for the Fed’s decision to increase interest rates are unclear, as there seems to be little evidence that the economy is improving. In fact, there are several indicators that suggest the opposite is true. For one, there has been a significant decline in housing starts, which is a key factor in the economy. Additionally, there has been a rise in consumer debt and a decline in savings rates.
Perhaps more importantly, there have been several recent failures of banks, which have been attributed to the Fed’s policies. In June of this year, two large banks failed in a single week, a sign that the Fed’s regulations and oversight are not working. This follows a number of other high-profile bank failures over the past few years.
The Fed’s interest rate hikes are seen by many as a way to keep inflation in check, but they may be having negative consequences for the broader economy. In particular, higher interest rates can lead to slower economic growth and job creation, which could potentially lead to a recession. This is a possibility that many economists are now warning about.
There are also concerns that the current low interest rate environment is having a negative impact on retirees and savers, who are earning less from their savings than they were just a few years ago. This is especially problematic for those who are living off of their savings, as they may no longer be able to do so if interest rates remain low.
Given these concerns, it is perhaps not surprising that there is growing dissatisfaction with the Federal Reserve and its policies. Many are calling for reforms to the Fed, including changes to its regulations and oversight of banks, as well as its approach to inflation and interest rates.
It remains to be seen whether the Fed will take these concerns seriously and make changes to address them. However, it is clear that the current situation is unsustainable, and that a more thoughtful and proactive approach is needed to ensure the continued health of the US economy and its citizens. It is time for the Fed to step up and take action to address the challenges facing the economy, before it is too late.
Ancient Roman Empire “appeased” the masses and crowds with free bread and gladiator fights for entertainment. Their military became corrupt and lazy relying on foreign mercenaries to fight wars (US military is declining! They’re empire fell from within first then enemy empires conquered them. Soon this will happen to us regardless of our nuclear weapons which our enemies also have.
They won’t pause they’re just selling “hopeium” to avoid a stock panic and a run on the collapsing banking system which not even the federal reserve central bank can stop now unless it prints out more money which will cause hyperinflation and collapse our economy. The American Empire is soon to collapse and be finished! It’s even biblical since the United State s as we know it cannot exist to rival the one world government system soon to be under the control of the Antichrist. You will not be able to buy or sell anything without a mark possibly tied to digital currency soon to be started in July 2023 known as “Fed Now”. It’s coming folks whether you’re ready or not.
Balance the budget on the backs of the priveledged few that have lobbied themselves into 90% of the wealth of our country, tax the wealthy or at the very least, roll back the Tax Cuts To The Rich Act. We will have nothing and we will NOT be happy!
"Don’t put your confidence in powerful people; there is NO HELP for you there."
— Psalm 146:3
“Enter through the NARROW gate. For wide is the gate and broad and easy to travel is the path that leads the way to destruction and eternal loss, and there are MANY who enter through it."
— Matthew 7:13
"Jesus told him, 'I am the WAY, the TRUTH, and the LIFE. No one comes to the Father EXCEPT through Me."
— John 14:6
"Salvation is found in no one else, for there is NO OTHER NAME under heaven given to mankind by which we must be saved.”
— Acts 4:12
"And I will give you a new heart, and I will put a new spirit in you. I will take out your stony, stubborn heart and give you a tender, responsive heart."
— Ezekiel 36:26
"Again Jesus spoke to them, saying, 'I am the light of the world. Whoever follows Me will not walk in darkness, but will have the light of life.”
— John 8:12
“I called you so often, but you wouldn’t come. I reached out to you, but you paid no attention."
— Proverbs 1:24
"For what will it profit a man if he gains the whole world, and loses his own soul?"
— Mark 8:36
Powell you are Fired
They just injected 32 billion to 19 regional banks.
According to Bipan Rai, North America director of FX strategy at CIBC Capital Markets, "there is growing concern that incoming data is showing that the Fed may be slightly behind the curve than perhaps they expected heading into this year." More red than green is seen in my portfolio. How are other people in this market making over $350,000 in gains in a short period of time?
THis is nothing more tha a thinly veiled attempt to break the monetary system of the globe so they bring in a "savior to save us" who is actually a monster…
OH MY…the exact same thing is happening here in australia. Except its the 11th time. They also said that after the 10th, but its a lie!
I cannot see how the banks getting billions of dollars of profits will help the rest of us..indeed! IT WILL NOT!
OH MY…the exact same thing is happening here in australia. Except its the 11th time. They also said that after the 10th, but its a lie!
I cannot see how the banks getting billions of dollars of profits will help the rest of us..indeed! IT WILL NOT!
OH MY…the exact same thing is happening here in australia. Except its the 11th time. They also said that after the 10th, but its a lie!
I cannot see how the banks getting billions of dollars of profits will help the rest of us..indeed! IT WILL NOT!
OH MY…the exact same thing is happening here in australia. Except its the 11th time. They also said that after the 10th, but its a lie!
I cannot see how the banks getting billions of dollars of profits will help the rest of us..indeed! IT WILL NOT!
Do Powell and Yelled really believe these measures? Time and time again we see that the Fed's interference in the Market's proves disastrous.
1. The Fed makes announcements assuring stability and effective rate/monetary policy decisions.
2. Israel establishes "crisis response centers" two days prior to a Fed announcement (per "The Jerusalem Post").
3. As the Fed makes an announcement, Israeli based crisis response centers begin withdrawing billions of US dollars and placing those funds into alternative account vehicles before the American account holders can withdraw funds.
This happened with Signature Bank, Silcon Valley Bank, and now it is happening with PacWest.
This is an intentional, electronic run on American regional banks facilitated by an aggressive enemy nation-state called Israel.
Look out world we are in big trouble and it's time we ask our father God to please direct us in the right direction in our life. Father I would be very grateful to you if you would please direct me in the right direction of life to take care of my family and my precious animals that I love so much. Please father help me to help others in need to please and homeless animals to please. I love you and worship you with all my heart and soul. Your daughter Loretta in AZ ( Thanks for listening my wonderful father )
Thanks Lord for your salvation
Thanks Lord for your peace
U.S debt didn’t cause inflation, our productivity and gdp has grown relative to inflation, our salaries have also stagnated since 1970s so an increase in purchasing power didn’t cause it either, All these rate hikes and inflation is likely caused by corporate greed! So technically the fed is hiking rates with no logic! Just crushing the middle class…
If a politician's mouth is moving, they're lying. Same for the so-called "federal" reserve.
THINGS ARE ONLY GOING TO GET WORSE, BE SAVED TODAY:
There Is only one God, in three persons, God the Father, God the Son, and God the Holy Spirit. ONE God.
Humans are ONE person ( in three parts) The body, soul and spirit. Three parts, ONE person.
The Bible says that we are all sinners.
As it is written: There is none righteous , no not one. Romans 3:10
For all have sinned and fall short of the glory of God.Romans 3:23
But we are all as an unclean thing, and all our righteousness are as filthy rags. Isaiah 64:6
For the wages of sin is death. Romans 6:23 (The word death in this verse means eternal separation from God in hell).
Come now, and let us reason together, saith the Lord: though your sins be as scarlet, they shall be as white as snow. Isaiah 1:18
Christ died for our sins according to the scriptures and that He was buried and that He rose again the third day according to the scriptures. 1Corinthians 15:3-8
In whom we have redemption through His blood, even the forgiveness of sins. Colossians 1:14
For by grace ye are saved, through faith; and not of yourselves.
It is the gift of God, not of works, lest any man should boast. Ephesians 2:8-9
I do not frustrate the grace of God, for if righteousness come by the law, then Christ is dead in vain. Galatians 2:21
Realize that you are a hopeless sinner and trust in Jesus shed blood on the cross to pay for your sins.
The moment you trust in Jesus and only Jesus, you are saved.
Let me call my credit card company, and demand a raise on my debt ceiling too!! This government is absurd!!
NOPE…crashing the economy to introduce the digital token beginning in July.
How does raising rates slow inflation?
By causing house prices to come down?