WASHINGTON (AP) — After four straight three-quarter-point interest rate hikes, the Federal Reserve is set to announce a smaller half-point increase in its key rate Wednesday, a first step toward dialing back its efforts to combat inflation.
At the same time, the Fed is expected to signal that it plans more hikes next year than it had previously forecast to try to conquer the worst inflation bout in four decades. More Here
FGGAM Shares a Biblical Worldview Everyday:
“The Biblical worldview says there is a God—One who is personal, powerful and caring—who created the world and everything in it. It states unequivocally that man is created in God’s image, living in essence as God’s co-regent over creation. Mankind—born and unborn, rich and poor, able and disabled—has intrinsic worth. Almighty God is a sovereign God, ruler over nations, states, empires, and governments. He is to be worshiped and obeyed through the precepts and principles revealed in His infallible Word. He not only exists, but He is sovereign over all of history according to His wisdom and purposes, and He is intimately involved in every aspect of life.”
FGGAM STATEMENT OF FAITH:
God’s Word is the final authority for faith and life.
as God the Father, God the Son, and God the Holy Spirit.