With the Fed Rate Hike, Things Could Look Bad For the Economy – Possibly Leading Into a Recession In 2023 (Guest: Devlyn Steele)
With its meeting this week, the Federal Reserve raised its interest rates by as high as .75 percent – three quarters of a percentage point – in an effort to fight back against inflation. But the question is, what kind of effect will it really have? Joel Griffith, an economic expert for the Heritage Foundation, explained to The Center Squad, “The Federal Reserve’s complicity in financing Congress’ outrageous spending spree of the past two years … Read more
