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Economy

Bernardo de La Paz

(51,101 posts)

4. The Fed raising interest rates increases the cost of money to banks, so they raise their rates

Reply to ProudMNDemocrat (Reply #1)

Mon Oct 31, 2022, 07:57 AM

Oct 2022

The Federal Reserve does NOT issue an edict telling the banks to raise their rates.

Consumers do NOT "make the difference".

I think a little more study of the basics would be beneficial.

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The Fed's Problem With the Job Market [View all] mahatmakanejeeves Oct 2022 OP

Raising borrowing rates does not curb inflation. It makes it worse. ProudMNDemocrat Oct 2022 #1

Nope Bernardo de La Paz Oct 2022 #3

The Fed raising interest rates increases the cost of money to banks, so they raise their rates Bernardo de La Paz Oct 2022 #4

From what I'm seeing... jmbar2 Oct 2022 #2

lets remember what republicans want anti stupid Oct 2022 #5

I have noticed in the last month that the shortage of workers has doc03 Oct 2022 #6

Rising prices are about testing what the market will bear and maintaining corporate profits. /nt bucolic_frolic Oct 2022 #7

Are they really that pig ignorant? Warpy Oct 2022 #8

Quadruple redundancy ... Xoan Oct 2022 #9