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The biggest rate hike by the Fed in 28 years was announced this week, leaping by .75% compared to the 0.5% rate hikes seen in March and May. And the Central Bank may not be done quite yet as rates are expected to rise four more times this year.

Will this move be effective for Powell and the Federal Reserve as they attempt to slow down the economy while we all brace for a recession or have Americans just be accustomed to signing on the dotted line, no matter what the interest rate?

Regardless, something needs to give...but is this too much market manipulation or a valid response to years of printing money and out of control pricing? Zack and Phil discuss on this week's episode of The Disconnect.