News: Will The Fed Make A Catastrophic Mistake Today?
Rebel Capitalist News
George Gammon
4.7 • 1.1K Ratings
🗓️ 23 March 2023
⏱️ 17 minutes
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| 0:00.0 | Hello, fellow, Rebel Capitals. Hope you're well. Big Day, the Federal Reserve is coming out and |
| 0:06.6 | announcing the next rate hike. Or maybe a pause, |
| 0:13.0 | will it be 25 basis points, |
| 0:15.0 | will it be 50 basis points? |
| 0:16.0 | And probably more importantly, |
| 0:18.0 | what are the ramifications for the market |
| 0:21.0 | and what might the Fed be overlooking that could have a catastrophic impact. |
| 0:29.0 | Let's go right into the CNBC story first and determine kind of what we're dealing with what the market is |
| 0:34.6 | predicting and then we'll try to take that and look at some things that are |
| 0:38.7 | happening behind the scenes that I don't think the Fed is paying attention to that might lead you to believe or |
| 0:45.4 | increase the probabilities that if they do increase interest rates today even by |
| 0:49.8 | 25 basis points that it could have a massive negative impact on the global economy. |
| 0:57.0 | Let's get right into C and B. Check this out. Headline here. Here's everything the Federal Reserve |
| 1:01.6 | is expected to do Wednesday. |
| 1:03.5 | Key talking point. They're expected to raid interest rates by a quarter point. |
| 1:08.1 | That's what the market is predicting. |
| 1:09.7 | So the range now will be from 4.75% to 5%. |
| 1:14.4 | And to be clear, this is going to, |
| 1:16.5 | I'm not sure when you're watching this |
| 1:17.8 | if you're on the live stream right now. |
| 1:19.7 | The Fed is gonna announce this, |
| 1:20.9 | I believe at 2 PM Eastern times, it's about an hour. I think what will be more |
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