Federal reserve economic impact in Long Beach, California

Principal Planning Service, Inc. Phillip Q Shrotman is a finance institution located at 194 North Marina Drive, Long Beach, California, United States. Led by Phillip Q. Shrotman, who has over 30 years of experience in teaching economics at Long Beach City College, the institution offers a range of financial planning services. On their website, you can find various calculators to assist with financial planning. Phillip Q. Shrotman criticizes the Federal Reserve's decision to continuously increase interest rates, arguing that it does not effectively combat inflation. Despite the rate hikes, inflation remains high, and consumers are still facing rising costs of living. The institution predicts that the Federal Reserve will likely approve a 0.25 percentage point increase at their upcoming policy meeting.

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