RE:RE:Fed jacks rates 50 points this time.Much easier to blame the working class for the inflation woes , instead of the govt's creation of trillions of dollars for easy money to fight a flu pandemic . In turn that created shortages with lockdowns which hiked prices up , not to mention the Ukraine situation . Higher interest rates aren't going fix those mistakes. But it will create a bigger divide between the 1 % and the rest of the world.