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in todays video were covering the Federal Reserve fomc meeting so were going to be reviewing the interest rate decision Peak interest rates and what this means for the economy recession or no recession lets begin the Federal Reserve has raised interest rates by 0.25 the FED funds rate has now increased to 5.0 percent so this is wild considering that not too long ago interest rates were zero to 0.25 percent the Federal Reserve has been spiking interest rates higher in order to fight inflation the strategy is to increase interest rates and this will slow down the economy and that will kill demand will slow down demands and that will bring down inflation now the Federal Reserve has updated their economic projections they are expecting that Peak interest rates will be at 5.25 percent now I want to tell you what happens when Jerome Powell so if you remember when dronepal is testifying before Congress the market expected that the Federal Reserve would raise interest rates today by 0.5 pe
