And in actual news

[Yakuda]

The fed has raised interest AGAIN. Why should this matter when trump might, possibly, could be, sort of, may be indicted for a possible crime?

https://www.cnbc.com/select/interest-rates-rising-saving-more-appealing-debt-more-harmful/

"The Federal Reserve recently announced the seventh consecutive increase to the federal funds rate and indicated its intent to continue raising interest rates going forward. The Fed has repeatedly raised rates this year in an effort to corral rampant inflation that has reached 40-year highs. However, there are signs inflation is starting to cool.

Higher interest rates may help curb soaring prices, but it also increases the cost of borrowing which can make everyday financial products more expensive, like mortgages, personal loans and credit cards."

The leftists don't like talking about this stuff they much prefer hammering trump.

 

[Celticguy]

Of course it increases borrowing costs, that's why it works.

They dropped it back to .25 BP because there was a slight dialing back but we are still far from better and there will be more headwinds.

Pain is the only way to fix this and because we came up short fixing it before and dialed up making it worse so badly we're probably in for a lost decade.