skyrocketed. meaning, meaning it more more money out your money out of your pocket. pocket. plus, mortgages, plus, mortgages, car car loans, personal loan, personal loans, loans, they all become they all become costly. costly or. and if you if you borrowed money borrowed money for for school, school some some private loans could private loans can be be influenced by the influenced by the fed fed right. you rates. you may may have to pay have to pay more in that more in that case as case as well, well. on top of all and on top of all of that, this that, this is is all about all about consumer consumer psychology. psychology it s much more. so it s much art than science, more art than which means that all of science that which this raising rates means that all of could have these race in rates could have the unintended the and intended consequence of triggering consequence of triggering a recession. a recession that s, which is exactly exactly why markets in why markets in your your 401k
as, always thank you so much for watching the katie phang show. on the backside and sunday at 7 am eastern, and you can also catch a regional or episodes on the msnbc hub on peacock every thursday and friday. don t forget to follow the show on twitter instagram facebook and tiktok. velshi starts right now. lshi starts right no w. today on velshi, critical damage assessment of human sources and danger to americans, and allied lives will be conducted by top intelligence officials at the highest levels of the u.s. government. and, new reporting to determine what kind of harm could come a way if any of the sensitive documents seized from donald trump s florida estate have been compromised. plus, congresswoman dana preston a key player in pushing the biden administration to act on the problem of student. that should be joining me later this year to talk about the process the plan and all the criticism of it. the first up towards nasa s return to the moon s almost
morning. we are breaking down the latest in the fight for american democracy. with days to go until the much anticipated the january six committee, another hour of velshi begins now. lshi begins now. i am ali velshi, we are just days away from the january six highly anticipated public hearings dealing with the findings of its nearly yearlong investigation into the insurrection. the committee has officially scheduled the first of those hearings for thursday june six, beginning at 8 pm eastern. yet, as the committee prepares to present its findings, they re still there s still appears to be some distance in need to be tied up. yesterday another one of donald trump s cronies was indicted by the justice department. the police have arrested peter navarro, charged with two counts of criminal contempt of congress. once refusing to hand over documents can request about the