Federal Reserve Faces A Tough Challenge On Cooling Inflation

Federal Reserve Faces A Tough Challenge On Cooling Inflation

The Federal Reserve is facing one of its toughest challenges in decades: raising interest rates to cool inflation, without killing consumer demand and jobs, and pushing the economy into a recession. NBC News’ Tom Costello hears from Americans about the impact of skyrocketing rent, food and gas prices. Already, Equifax reports more consumers with low credit scores are falling behind on payments.

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