Jason Smith tweeted the following:
"In the past 3 months, the Federal Funds Rate has gone up a combined 1.5%, the fastest cumulative rate hike in over 40 years. The Fed is now on pace to raise rates faster this year, than the previous 15 years combined."Read on Twitter
Here are other recent tweets from Jason Smith:
"Todays interest rate increase is the first time the Federal Reserve has raised interest rates by 75 basis points in a single rate hike since 1994."Read on Twitter
"When Joe Biden took office, the Congressional Budget Office predicted at the time that interest rates would not rise until 2024. To combat Bidens Inflation Crisis, the Federal Reserve has now raised interest rates for a 3rd time since March."Read on Twitter
"Joe Biden and Washington Democrats are waging war on rural America.Family farmers are feeling the pain of Joe Bidens radical agenda and sky-high inflation, making it harder for them to keep their land and grow the food to feed America and the rest of the world."Read on Twitter
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