How the Banking Collapse will Affect You and Your Finances with James F. Locke

from Kerry Lutz's Financial Survival Network

Kerry and James F Locke Jr. discussed the banking sector and the Federal Reserve’s role in it. They discussed the potential for a banking collapse and the implications of the Federal Reserve’s decision to raise interest rates. They also discussed the potential for stagflation and the role of Congress in controlling spending. They concluded that the Federal Reserve will likely raise interest rates by a quarter point, but that the language used in the announcement will be important. They also discussed the possibility of the Federal Reserve cutting rates later in the year.

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