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Yahoo Finance -"Fed rate hikes: Wednesday's increase could add $2.1 trillion to federal deficits..." [View all]
The Federal Reserve hiked interest rates by 0.75% on Wednesday, making an aggressive move to tame inflation that could have other side effects — including a possible recession. The rate increase could also explode federal deficits even further in the years ahead."Fed rate hikes: Wednesday's increase could add $2.1 trillion to federal deficits, analysis finds."
https://finance.yahoo.com/news/fed-rate-hike-could-add-21-trillion-to-federal-deficits-new-analysis-finds-134413940.html
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