The Federal Reserve boosts interest rates by 75 basis points for the first time since 1994,

even as retail sales unexpectedly declined.

Joe Biden hosts an LGBT-plus minus divided by sign,

ampersand, tilda celebration at the White House,

while announcing government action to trans the kids.

And Anthony Fauci has COVID.

I'm Ben Shapiro. This is the Ben Shapiro show.

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The Federal Reserve actually jacked up the benchmark interest rates by 0.75 percentage points.

That is the biggest increase since 1994.

They're doing this because they see that the threat of inflation is really serious.

And that over the course of the next decade, you could see stagflation if they do not get

the inflation under control right now, as in right now.

So they are attempting to shock the market back into something resembling normality.

According to CNBC, the Federal Reserve on Wednesday launched its biggest broadside yet

against inflation, raising benchmark interest rates, three quarters of percentage points, and a move that equates to the most aggressive hike since 1994.

And in weeks of speculation, the rate-setting federal open market committee took the level

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