As Fed Meets, Investor Angst Over Rate Hikes Spooks Markets

The video discusses the Federal Reserve's meeting and its potential decision to raise interest rates for the first time in over three years. Danielle Dimartino Booth, CEO of Quill Intelligence, explains the challenges faced by the Fed, including high inflation and market volatility. The discussion covers the impact of the Fed's decision on inflation, market reactions, and consumer finances. The Fed's strategies to combat inflation, such as shrinking the balance sheet, are also explored. The video highlights the sensitivity of the economy to interest rate changes and the potential effects on credit card payments and mortgages.

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