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This is a major problem for the Fed and every American | 7.30.24 OVTLYR Trading Room
This video tackles a major issue for the Fed and every American: the current economic mess. Stephanie Pomboy breaks down how the Fed's strategies seem to have backfired. Despite their efforts to cool down the housing market with rate hikes, home prices are still rising year over year—exactly what the Fed was trying to avoid. If you thought inflation was a headache, wait until you hear about how high energy prices and the housing market are complicating things. We dive into the shocking numbers behind the national debt, which just crossed the $35 trillion mark. Some suggest making treasury…
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