Captin..

 

Survived..

 

Feels..

 

Track..

 

The Federal Reserve on Wednesday enacted its second consecutive 0.75 percentage point interest rate increase as it seeks to tamp down runaway inflation.

In taking the benchmark overnight borrowing rate up to a range of 2.25%-2.5%, the moves in June and July represent the most stringent consecutive action since the Fed began using the overnight funds rate as the principal tool of monetary policy in the early 1990s.

While the fed funds rate most directly impacts what banks charge each other for short-term loans, it feeds into a multitude of consumer products such as adjustable mortgages, auto loans and credit cards. The increase takes the funds rate to its highest level since December 2018.

Hoping for a deflation and soft landing for US economy? Think again.

Aile..

 

Death..

 

Sanctuary..

 

Shipped..

 

Victory..

 

A quote falsely attributed to Abraham Lincoln saying that America will be destroyed from the inside not the outside is circulating online. Several Lincoln scholars confirmed that this quote is fabricated. However, it is similar to a remark he made at a speech in 1838.

Talanted..

confused

bewildered

perplexed

nonplussed

at a loss

(all) at sea

in a state of confusion

in a muddle

lost

adrift

astray

off-course

off-track