Ricky Gutierrez
@rickygutierrezz·1.2M subscribers·5.3K videos
(WARNING) FED RATE HIKE COMING SOON...
Posted
March 17, 2023
Views
15,992
Likes
1,008
Comments
75
Engagement
6.77%
March 17, 2023
15,992
1,008
75
6.77%
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7:35Now PlayingStomach-churning volatility in stocks, bonds and other assets on Wednesday reflected renewed worries about the state of the economy and the risks lurking in the financial system.
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The Federal Reserve conducts the nation’s monetary policy to promote maximum employment, stable prices, and moderate long-term interest rates in the U.S. economy; promotes the stability of the financial system and seeks to minimize and contain systemic risks through active monitoring and engagement in the U.S. and abroad; promotes the safety and soundness of individual financial institutions and monitors their impact on the financial system as a whole; fosters payment and settlement system safety and efficiency through services to the banking industry and the U.S. government that facilitate U.S.-dollar transactions and payments; and promotes consumer protection and community development through consumer-focused supervision and examination, research and analysis of emerging consumer issues and trends, community economic development activities, and the administration of consumer laws and regulations.
The Consumer Price Index (CPI) is a measure of the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services. Indexes are available for the U.S. and various geographic areas. Average price data for select utility, automotive fuel, and food items are also available.
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