In this short clip, Patrick Bet-David, Peter Navarro, Tom Ellsworth and Adam Sosnick talk about the FED increasing the interest rates. FaceTime or Ask Patrick any questions on Watch the full podcast here: Subscribe to our channel: To reach the Valuetainment team, you can email: info@valuetainment.com...(read more)
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The Federal Reserve has increased interest rates for a third time, raising the benchmark interest rate to between 2 percent and 2.25 percent. The decision was made in response to the strengthening US economy, low unemployment rate and rising inflation levels. Although the move was expected, critics have voiced concerns that the increase in interest rates will trigger a worse recession. This is because higher interest rates can make borrowing more expensive for businesses and consumers, which can lead to a decrease in spending, investment and economic activity. Furthermore, the rate hike could make it harder for consumers to pay off debts, such as loans and credit card balances. This could lead to a rise in defaults, which could have negative consequences for banks and financial institutions. These concerns have been heightened by a recent increase in mortgage rates, which has led to a slowdown in the housing market. The downside of the decision to increase interest rates is that it is likely to affect the bond market. The yield on the 10-year Treasury note is already hovering around 3 percent, which could indicate that investors are becoming worried about rising inflation levels and the impact of higher interest rates on economic growth. Critics argue that the Fed's decision to raise interest rates could also put pressure on emerging markets, many of which have large amounts of dollar-denominated debt. This could cause a further slowdown in global economic growth, as countries such as Turkey and Argentina struggle to repay their debt obligations. However, the Fed has defended its decision, stating that it is necessary to keep inflation levels in check and to prevent the economy from overheating. The central bank has also stated that it is committed to maintaining financial stability and ensuring that the economy remains on a sustainable path. Overall, the decision to increase interest rates is a controversial one that has both positive and negative consequences. While it may help to keep inflation levels in check and prevent the economy from overheating, it could also lead to a slowdown in economic activity and put pressure on the bond market and emerging markets. It remains to be seen how the economy will respond to this latest rate hike, but one thing is certain – the decision is likely to have far-reaching consequences for the US and global economy. https://inflationprotection.org/feds-latest-interest-rate-hike-predicted-to-worsen-recession/?feed_id=98491&_unique_id=6464e09d1375b #Inflation #Retirement #GoldIRA #Wealth #Investing #entrepreneur #EntrepreneurAdvice #EntrepreneurMotivation #Entrepreneurs #Entrepreneurship #federal #federalreserve #jeromepowell #PatrickBetDavid #StartupEntrepreneurs #valuetainment #ValuetainmentMedia #RecessionNews #entrepreneur #EntrepreneurAdvice #EntrepreneurMotivation #Entrepreneurs #Entrepreneurship #federal #federalreserve #jeromepowell #PatrickBetDavid #StartupEntrepreneurs #valuetainment #ValuetainmentMedia
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