Was the Fed right to increase interest rates?
ABC 17 News Asked by ABC 17 News
180 Votes

Was the Fed right to increase interest rates?

Yes

2

No

0
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Yes

Was the Fed right to increase interest rates?
The Federal Reserve increased its base interest rate by a quarter-point Wednesday, citing a need to tamp down inflation.
The Federal Reserve increased its base interest rate by a quarter-point Wednesday, citing a need to tamp down inflation. Show Less
2 Comments
Max
0
Max

Yes, but inflation is out of control now. This should have been done months ago. It will have to be raised many more times, which will seriously hurt the economy. Brace for a recession. This problem was caused by, and solely by, the administration in power.

Reply

No

Was the Fed right to increase interest rates?
The move means it will cost more to borrow money, making home loans and credit cards more expensive.
The move means it will cost more to borrow money, making home loans and credit cards more expensive. Show Less
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