Federal reserve hikes interest rates for 4th time; will it trigger a recession?

Name: Federal reserve hikes interest rates for 4th time; will it trigger a recession?
Uploaded: 2022-07-27T22:12:00Z
Duration: 1 min 48 s
Description: Borrowing money is getting even more expensive for car buyers, homebuyers, and really anyone who carries a credit card balance. The Federal Reserve has hiked interest rates for fourth time this year and is desperately trying to just cool down the economy, but will this actually trigger a recession?

Borrowing money is getting even more expensive for car buyers, homebuyers, and really anyone who carries a credit card balance. The Federal Reserve has hiked interest rates for fourth time this year and is desperately trying to just cool down the economy, but will this actually trigger a recession?

Posted July 27, 2022 5:12pm CDT