pain

Fed Chairman Powell warned of the "pain" ahead.  Seniors on fixed incomes are already feeling it |  CNN Business

Fed Chairman Powell warned of the “pain” ahead. Seniors on fixed incomes are already feeling it | CNN Business

CNN — American seniors face many difficult choices. After the Federal Reserve’s latest rate hike, the combination of rising prices for everything from food to gas to utilities and ever-higher borrowing costs is making the finances of fixed-income Americans increasingly precarious. “Overall they have an increase in day-to-day expenses due to the current economy,” said …

Fed Chairman Powell warned of the “pain” ahead. Seniors on fixed incomes are already feeling it | CNN Business Read More »

Wall Street is completely raving about the pain that's about to hit the stock market

Wall Street is completely raving about the pain that’s about to hit the stock market

The entire global economy is preparing for a growth shock. The Federal Reserve has made it clear that Americans should expect a housing correction, rising unemployment and possibly even a recession as it raises interest rates to calm inflation. Despite this stark warning, Wall Street is still deliriously optimistic about the stock market’s performance in …

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Brace yourself: the Fed is about to inflict “some pain” with a 75 basis point rate hike.  Here's how to prepare your wallet and wallet.

Brace yourself: the Fed is about to inflict “some pain” with a 75 basis point rate hike. Here’s how to prepare your wallet and wallet.

The Fed is ready to bring the pain. Are you ready? A few weeks ago, Federal Reserve Chairman Jerome Powell warned that there would be “difficulties for households and businesses” as the central bank raises interest rates to fight higher inflation. higher than it has been for four decades. Powell and other members of the …

Brace yourself: the Fed is about to inflict “some pain” with a 75 basis point rate hike. Here’s how to prepare your wallet and wallet. Read More »