Consumer Price Index (CPI) reflected a year-over-year increase of 9.1% last in June, up from the prior 40-year high of 8.6% in May. In response to rising inflation, the Federal Reserve has been aggressive with interest rate hikes, and with no plans to slow down. This video will explain why interest rates are raised and how it attempts to fight inflation and why it doesn’t always work.

    Article – https://www.cnbc.com/2022/06/15/fed-hikes-its-benchmark-interest-rate-by-three-quarters-of-a-point-the-biggest-increase-since-1994.html

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    17 Comments

    1. thanks for a clear explanation, it got confusing with what interest rates actually do vs inflation at same time and such but in here its so well explained. thank you again

    2. Am continuing to add to my portfolio. As warren Buffett said "be brave when everyone else is fearful". The stock market always recover, so hold for long term and have the stomach for the ride.

    3. Everyone needs more than there salary to be financially stable. The the best thing to do with your money is to lnvest it rightly because money left for saving always end up used with no returns

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    6. Raising rate causes a recession, a big slow down. The result lost jobs, foreclosures no money for credit, an absolute disaster for the working class. Bankruptcy is your only friend. Thankyou Jay Powell!

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