EconomyNews

BIDENOMICS: Fed Jacks Up Interest Rates AGAIN, Highest in Over Two Decades

This is all part of their evil plan to rob us blind, which they’ve been doing for more than one hundred years in this country, and make even living unaffordable in order to concentrate us into their 15 minute cities, or as Donald Trump marketed them “freedom cities,” and then ensure that we never raise a voice of dissent against them or we’ll have the jackboot thugs of government trample us.  Make no mistake, as the unlawful Federal Reserve jacks up interest rates, it will have a significant impact not just on the economy but working families, and this time it’s the highest rate hike in more than twenty years.

William Kessler reports:

The Federal Reserve hiked its benchmark federal funds rate by a quarter of a percentage point on Wednesday after skipping the previous hike, bringing the rate to the highest level since 2001.

The rate hike brings the Fed’s target rate within a range of 5.25% and 5.50%, making this the eleventh hike since March 2022, after temporarily pausing the rate increases in June. Most economists anticipated a quarter-point interest rate hike as a part of the ongoing effort to bring inflation down, bringing the high end of the range to the highest rate since January 2001, according to the Federal Reserve Bank of St. Louis.

“The Committee decided to raise the target range for the federal funds rate to 5-1/4 to 5-1/2 percent,” the Federal Reserve press release said. “The Committee will continue to assess additional information and its implications for monetary policy. In determining the extent of additional policy firming that may be appropriate to return inflation to 2 percent over time, the Committee will take into account the cumulative tightening of monetary policy, the lags with which monetary policy affects economic activity and inflation, and economic and financial developments. In addition, the Committee will continue reducing its holdings of Treasury securities and agency debt and agency mortgage-backed securities, as described in its previously announced plans. The Committee is strongly committed to returning inflation to its 2 percent objective.”

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This is all preparation for the new digital currency they have in the works and the only ones that can stop them are the united People against them.

Tim Brown

Tim Brown is a Christian and lover of liberty, a husband to his "more precious than rubies" wife, father of 10 "mighty arrows" and jack of all trades. He lives in the US-Occupied State of South Carolina, is the Editor at SonsOfLibertyMedia.com, GunsInTheNews.com and TheWashingtonStandard.com. and SettingBrushfires.com; and also broadcasts on The Sons of Liberty radio weekdays at 6am EST and Saturdays at 8am EST. Follow Tim on Twitter. Also check him out on Gab, Minds, and USALife.

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