FED RATE HIKE! | Steps to PROTECT YOURSELF | Fed Meeting Reaction

FED RATE HIKE! The fed hikes interest rates 0.25 to curb inflation, but gets a bit nervous answering some of the questions after the announcement at the fed meeting. The FOMC says all depositors are safe.. but then stutters when asked to confirm!! The Fed also said they are banking on the banks to restrict lending, which means less loans and possible slashes to credit cards and HELOCs. The fed still chose to hike interest rates DESPITE all the banking drama we've seen unfold in the past two weeks. That means that inflation is a much bigger battle to fight than recession, and they rather risk recession than runaway inflation. THE FEDERAL RESERVE RAISES RATES AGAIN! What this means for your money, credit freezes, credit lines slashed and upcoming recession #federalreserve #fedratehike #interestrates DOWNLOAD THE 30 DAY MONEY CHALLENGE https://krystal-todd-s-school.teachable.com/digital-products/enrolled/76525?purchased=4678948&purchased_list_price=0&final_price=0&currency=USD&payment_method=stripe&user_id=81744261&purchased_at=1679528298&is_recurring=false&sale_id=129188657&tax_charge=0&csidebar=false&purchased_digital_product_id=76525&admission_id=241127 Get CLARITY on where your money is going with my automated budget. 20 minute set up, see your money up to a 15 months in advance! A budget that does all the work for you $ https://krystal-todd-s-school.teachable.com/p/my-downloadable-14336 Let's be friends EVERYWHERE https://lnk.bio/KrystalToddCPA Learn the tools needed to get RICH during the recession https://krystal-todd-s-school.teachable.com/ Instagram: @thecashcompass Tiktok: @krystaltoddcpa Business e-mail: thecashcompass@gmail.com Support My Work: PO Box 814954 Hollywood, FL 33081 Cashapp: $KrystalTodd Venmo: @KrystalTodd My Youtube Set up: www.amazon.com/shop/thecashcompass *Please be sure to do your own due diligence before making ANY financial decisions. On my channel I share with you my research but please verify everything for yourself! I do not give investment advice, just share my thoughts any my choices!* *Some of the links on this page are affiliate links, meaning, I may earn a commission if you click through and make a purchase, at absolutely no cost to you. Affiliate commissions help keep my channel going so thanks for your support!*