There may be an end in sight for the skyrocketing inflation, as the FED signals a slowing to their rate hikes.
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High prices for literally everything has been a hallmark of the Biden economy, yet we might be seeing the beginning of the end to the highest points of the cost crisis, as the Fed is slowing their rate hike schedule.
Washington Examiner reports, In recent months, the Federal Reserve has raised interest rates more frequently, indicating that it is confident its actions are starting to lower inflation and preventing a recession.
During a two-day meeting of the Federal Open Market Committee in Washington, the central bank raised its interest rate target by half a percentage point. Fed watchers expected the Fed to slow down from recent 75 basis-point hikes.
Since the early stages of his presidency Biden has routinely lied to the American people about the coming recession, and the inflation crisis.
Daily wire reports, Kudlow said Biden repeatedly told falsehoods about the state of the economy on “Fox News Sunday,” such as that his administration inherited a weak economy from Donald Trump and that the economy is strong.
So which is it? Is the economy still in freefall? If the feds are slowing the rate hike to avoid a recession does that mean we are on a precipice of a recession, or does it mean we are on the outside of the inflationary bubble? Only time will tell, but one thing is for certain with Joe Biden as president we cannot fully trust any move they make as being one that is in the best interest of the American people. With all of the lies, and blatant attempts to subvert the media, the American people cannot know the truth. We just pray things get better, and we also pray that we have a strong financial master in office like Donald Trump, soon, to help save our great nation.
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