U.S. Economy on the Brink of Ruin as Federal Reserve Destroys the U.S. Dollar | Redacted News

The Federal Reserve raised interest rates again by a quarter percentage point, or 0.25% on Wednesday. Even though there seems to be a looming banking crisis, the Fed did this to slow inflation. Powell really is stuck between a rock and a hard place. If he had paused rate hikes, it would have caused more panic about a financial crisis. Raising rates as planned indicates a stay-the-course mentality. It may slow the economy but it will reduce the amount of free money that the government created out of thin air during the pandemic.

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About Clayton and Natali Morris:
Clayton Morris is a former Fox News anchor. In Redacted, Clayton and his wife Natali take an in-depth look at the legal, social, financial, and personal issues that matter to you. They want to set the record straight and bring you the stories nobody else is telling. Along with the facts and the full picture, Redacted offers real-world analysis without an agency driven by corporate overloads. With Clayton’s extensive journalism experience, he isn’t afraid to demand the truth from authorities. Redacted is an independent platform, unencumbered by external factors or restrictive policies, on which Clayton and Natali Morris bring you quality information, balanced reporting, constructive debate, and thoughtful narratives.

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