Fed set to raise rates by 75 basis points
0For the fourth consecutive meeting, the Fed is predicted to increase interest rates by 0.75%. Since the Federal Reserve began aiming for the federal funds rate in the 1980s, four consecutive rate increases of 75 basis points are unusual. Investors will be listening closely to what Fed Chair Jay Powell has to say about the potential increase in interest rates in the coming months. There are indications that rising interest rates are reducing domestic demand. With job vacancies dropping significantly in August and the rate of employment terminations becoming down, the job market is also cooling.
Source: https://finance.yahoo.com/news/fed-set-to-raise-rates-powell-rate-hike-path-101845316.html
Buy and Sell Crypto at Binance: https://accounts.binance.com/en/register?ref=36721001
Trade Binary Options at IQ Option: https://affiliate.iqbroker.com/redir/?aff=318140
If you like this video, leave a comment and subscribe to my channel if you like the content!
Disclaimer: I am not a financial advisor, nor do I claim to be one. I accept no liability for any loss incurred by anybody who acts or refrains from acting as a result of any content provided or published. Everything spoken in this video or published by its creator is an opinion and should not be taken as fact. Trading cryptocurrencies and any other form of asset involves a high risk and you may lose your full investment.
Copyright Disclaimer: Under Section 107 of the Copyright Act 1976, allowance is made for fair use for purposes such as criticism, comment, news reporting, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing.
Affiliate Links Disclaimer: This video contains affiliate links. I may be compensated for actions you complete on those websites at no additional charge to you.