Conservative from Georgia
Diamond Member
- Oct 24, 2018
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Because it was inflation reduction, not inflation elimination, geniusYet another hike in interest rates to combat Bidenflation.
But I thought they passed an "Inflation reduction act" to do this. Why would the FED need to raise rates to a 22 year high if that bill reduced inflation?
BTW, before someone chimes in that inflation is down, it is still twice as high as when Biden took office.
No need to try to blame ORANGE MAN BAD either. That ship sailed years ago.
Fed raises interest rates 0.25 point, opens door to another hike despite easing inflation
The Fed raised its key interest rate by a quarter point, opened the door to another hike. Inflation has eased but officials worry it could spike againwww.usatoday.com