This is a YouTube video titled "🚨 The Fed’s Reaction 🚨" containing a monologue by Derek McGowan from December 15, 2021, discussing the Federal Reserve's monetary policy changes including bond tapering and interest rate hikes to address inflation and economic stimulus.
Predicted. The hot inflation report did get the Fed's reaction. So the Federal Reserve's been buying $120 billion per month in bonds to help stimulate the economy since COVID started last month. They said they're going to start tapering out of that today. They said they're going to start tapering twice as quickly now. So the Federal Reserve tried to put less and less money into the economy because that weakens the value of the dollar and increases inflation. They also announced that there's going to be three interest rate hikes in 2022. That'll also slow down consumer spending and pump less money into the economy to slow down inflation. So a lot of things to navigate through. This is why it's super important to have the best help with getting your home loan.
