Fed increases rates a quarter point and signals a potential end to hikes

[Bengus81]

10. They "signal" no more hike in words then do it anyway

Yeah...just like this time and then they give their banker buds another plum. Suppose that this TENTH rate hike in barely over a year will stop the endless price hikes and gouging on food?--NO. Suppose that will stop the gouging at the pump?--NO



"The Federal Reserve raised interest rates for the 10th time in just over a year — and signaled that it will stop hoisting borrowing costs as the economy slows and fears of a recession grow.

The Fed’s latest move, announced at the end of its two-day policy meeting Wednesday, brings the central bank’s benchmark interest rate to a level between 5 and 5.25 percent. Now the Fed must wait to see whether its policies can successfully tame inflation and slow the economy — or if policymakers have already gone too far."