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Winner Take All #198 | FED Hikes Rates, Chinese Stock Volatility, EU Bans Russian Media

Winner Take All

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The Fed Just Raised Interest Rates by 25 Basis Points

The fed just raised interest rates by 25 basis points. They said they are going to meet six more times this year, and could very well expect to raise it in each of those meetings. That could mean we could be close to two % interest you know, mambe one point, seven, five if they actually follow through. We've seen that whole story play out. And so i can tell you, i'm not putting my money into that. Not touching that with a ten foot pole.

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