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Fed Set To Boost Interest Rates In Effort To Slash Inflation Even Further
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The inflation rate is down to 7.1%, a drop of 2% since hitting the highest rate in 40 years back in June. In an effort to continue the trend of slowed inflation, the Federal Reserve is expected to announce yet another interest rate hike on Wednesday. NBC’s Brian Cheung reports for TODAY.
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#inflation #economy #money
About: TODAY brings you the latest headlines and expert tips on money, health and parenting. We wake up every morning to give you and your family all you need to start your day. If it matters to you, it matters to us. We are in the people business. Subscribe to our channel for exclusive TODAY archival footage & our original web series.
Connect with TODAY Online!
About: TODAY All Day is a 24/7 streaming channel bringing you the top stories in news and pop culture, celebrity interviews, cooking, and more. All in one place.
#inflation #economy #money
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