The Federal Reserve Will Once Again Begin Raising Interest Rates

The video discusses the Federal Reserve's decision to raise interest rates to 2.25-2.5% to combat inflation, noting the economy's resilience despite these hikes. It highlights the impact on gas prices and the Strategic Petroleum Reserve's role. The video also covers the upcoming GDP report, which may indicate a recession, although job creation remains strong. An interest rate hike announcement and a briefing from Jerome Powell are expected.

What is the new range for the federal interest rate as discussed in the video?

• 2.25% to 2.5%

• 1% to 1.5%

• 4% to 4.5%

• 3% to 3.5%

How does the Federal Reserve aim to decrease demand according to the video?

• By increasing taxes

• By lowering interest rates

• By increasing the borrowing rate

• By reducing government spending

What is the expected economic indicator that might suggest a recession?

• Shrinking GDP for two consecutive quarters

• Rising inflation

• Decreasing stock market

• Increasing unemployment

What unusual economic condition is mentioned in relation to a potential recession?

• High unemployment with high GDP growth

• Decreasing GDP with increasing stock prices

• Job creation during a recession

• High inflation with low interest rates

Who is expected to provide more information about the interest rate hike?

• The Vice President

• Jerome Powell

• The Secretary of the Treasury

• The President