(#89) What Would An Advisor Say About Feds Raising Rates Again and If It Is Good Or Bad News For Christian Investors?

Financial Advisors Say The Darndest Things by A.B. Ridgeway

Episode notes

It looks like, after a 2-day session, the Federal Reserve with a unanimous vote decided to raise the Federal Fund rate by .75% Wednesday. They stated their target inflation rate to be between 2.25%-2.50% annually. This is yet another aggressive move by the Federal Reserve which justified its decision by stating that we have robust job gains and low unemployment rates.

As a Christian investor should you be worried? Should you go to a more "safer" investment? And has this happened in the past?

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