Manage episode 335782775 series 3320629
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?