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Interest rates set to rise as Fed meeting concludes

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The Fed is teeing up another interest rate hike as the two-day meeting wraps up on Wednesday.

The benchmark federal-funds rate would rise to a range between 1.75% and 2%.

That would be at a level similar or above where it was from late 2001 to 2004.

Investors will be paying attention to the Fed statement as well as Chairman Jerome Powell’s language regarding the future of rates.

Link: https://www.foxbusiness.com/markets/interest-rates-set-to-rise-as-fed-meeting-concludes

They raised the rates three times last year, however I have not seen any banks raise the interest rates for savings or CD's.  Funny how that works.  

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2 hours ago, BacktotheShadows said:

The Fed is teeing up another interest rate hike as the two-day meeting wraps up on Wednesday.

The benchmark federal-funds rate would rise to a range between 1.75% and 2%.

That would be at a level similar or above where it was from late 2001 to 2004.

Investors will be paying attention to the Fed statement as well as Chairman Jerome Powell’s language regarding the future of rates.

Link: https://www.foxbusiness.com/markets/interest-rates-set-to-rise-as-fed-meeting-concludes

They raised the rates three times last year, however I have not seen any banks raise the interest rates for savings or CD's.  Funny how that works.  

The Federal Reserve just like Federal Express is not part of the Federal Govt.  The Federal reserve is owned and operated by the worlds largest banks/financial institutions!

People have no idea that they are literally being robbed of their money by the Federal reserve! 

 

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10 minutes ago, londonorchar said:

The Federal Reserve just like Federal Express is not part of the Federal Govt.  The Federal reserve is owned and operated by the worlds largest banks/financial institutions!

People have no idea that they are literally being robbed of their money by the Federal reserve! 

 

But their packages get there on time well before the unionized UPS.

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6 minutes ago, londonorchar said:

 

The benchmark federal-funds rate would rise to a range between 1.75% and 2%.

 

6 minutes ago, londonorchar said:
2 hours ago, BacktotheShadows said:

They raised the rates three times last year, however I have not seen any banks raise the interest rates for savings or CD's.  Funny how that works.  

The Federal Reserve just like Federal Express is not part of the Federal Govt.  The Federal reserve is owned and operated by the worlds largest banks/financial institutions!

People have no idea that they are literally being robbed of their money by the Federal reserve! 

WORD! And while we're speaking of off'l economic numbers, there's this headline:

The 'Real' America: 21.5% Unemployment, 10% Inflation, And Negative Economic Growth

So with even the slight increase in rates to a level seen over a decade and a half ago, looks to me like that private central banking institution known as Da FED is looking to crater the economy within about the next half year. :pulling-hair::hiding::frantics:

Here's the gross reality of the 21.5% Unemployment/10% Inflation/Negative Economic Growth: real-economic-numbers-215-unemployment-10-inflation-and-negative-economic-growth

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Santiago
4 hours ago, counterintelligence said:

But their packages get there on time well before the unionized UPS.

Perks?

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