Fed Rate Hikes Will Add Trillions to National Debt

Federal Reserve rate hikes will add trillions to the national debt, according to an analysis by the Committee for a Responsible Federal Budget. The Fed is expected to deliver another 75-basis point rate hike during its September FOMC meeting. Some speculate the central bank could even raise rates a full 1 percent to fight persistently […]

The post Fed Rate Hikes Will Add Trillions to National Debt first appeared on SchiffGold.

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