Today on Insight, Josh Rosenstern discusses the importance of this week economically regarding the U.S. Economy as we are all feeling the effects of inflation. The Federal Reserve Board will be meeting this Wednesday on the future of raising interest rates. Looking at a dual mandate, given by Congress, they have to look at the employment situation and inflation; the goal is to bring down or slow the rate that inflation goes up. From last year to this year, that index shows our costs of items have gone up 9-percent per year. Brother Josh says unfortunately when prices go up, they don’t go back down. Borrowing costs are so high, that the demand for goods and service will continue to slow. Often times, people will halt discretionary things like tithing and giving to the work of God, as people are struggling to pay their basic bills. Brother Josh says if believers will do their best to be faithful to the work of God, He will meet all our needs and resources during this time of economic impact.
Up Next in 2022
-
Insight - July 20th, 2022
Abortion disproportionately impacts the black community in the United States greater than any other community. Today on Insight, John and Josh Rosenstern reiterate Vice President Kamala Harris’ statements during her speech at the NAACP Convention in New Jersey. According to the latest statistic...
-
Insight - July 19th, 2022
Today on Insight, Josh Rosenstern discusses Vice President Kamala Harris’ speech at the NAACP convention in Atlantic City New Jersey. The issues she addressed were very concerning, as Brother Josh reads directly from her speech. Vice President Harris said our extremist “so-called” leaders are d...
-
Insight - July 18th, 2022
Today on Insight, John and Josh Rosenstern discuss President Biden’s trip to the Middle East. Brother Josh explains Israel’s Iron Dome defense system and how it can intercept rockets being fired against them from the Palestinians. Brother Josh says the U.S. Marine Corp is working with Israel in...