Will the Fed, White House’s economic moves slow down inflation? l ABCNL
ABC News’ Alex Presha and Alexis Christoforous break down what the White House and Federal Reserve are doing to bring prices under control as inflation remains a top concern. ABC News Live Prime, Weekdays at 7EST & 9EST WATCH the…
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Stock market takes steep plunge after latest interest rate hike
Faced with historic inflation, the Federal Reserve has hiked interest rates to drive prices lower, but the move could slow spending and increase the chance of a recession.
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Fed raises interest rates by 0.75% in effort to curb inflation
The Federal Reserve announced its biggest interest hike in nearly three decades on Wednesday as fears of a recession continue to mount.
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