Hello fellow rebel capitalists hope you're well got a hat today is my birthday believe it or not I am 50 years old the big 5. Oh my the staff for the YouTube channel made me this custom hat and

custom t-shirt as well so we can add this to the end the Fed hat but let's get right into the first

story of the day and that is the Fed raising rates this week that's right They're currently at 4.25% but they'll most likely go to 4.5% or even higher. So how does that impact you? And even if you're watching this video after the fact I'm sure you're still asking the same question how do these rate hikes impact me personally? How does this impact my budget? So let's get over to this story from

CNBC title, The Federal Reserve is likely to hike interest rates once again. Here's what that

means for you. Now I did a live stream on the

George Gamin channel last night at a Q&A and someone asked me about this and I

said I thought they would raise 50 basis points, but I also said that I didn't know what the market expectations

were. And if the market expectations were for 25 basis points, then that would be kind of my

base case because I know the Fed doesn't want to upset the market.

But the main takeaway here is that there's 99% probability that the Fed will raise rates this week.

It's just a matter of are they going to raise them to 25 basis points or 50?

And if history is a teacher, we know that they usually raise them to the high watermark set by the two year Treasury, which is about 4.75%.

So let's assume they do a 25 basis point hike.

That still means that they're going to have another hike

maybe at the next Fed meeting.

Key talking points, the Federal Reserve is widely expected to hike rates

one quarter of a percentage point, we said, at this

week's policy meeting as inflation starts to ease.

Still another interest rate increase will make borrowing more expensive. Here's what that means for

your wallet. Now one of the things we discussed last night, I can't remember it was the public

live stream, the Rebel Capital is pro, but it's the fact or the idea that I was encouraging people to think through.

So we were talking about the CPI and most people when they look at the the C. P. I.

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