If 8% inflation is worrying, 3% could be worse...
Here's one way the inflation story might go. The Federal Reserve raises interest rates by 75 basis points on Wednesday then again in smaller steps in December and February, as expected. The rate at which consumer prices are rising falls from its curre
The Fed is losing the war against inflation... CNN | 2022-10-13 19:00 UTC
No one expected the Federal Reserve to be able to smother inflation swiftly. But after seven months of rapidly rising interest rates, the central bank has hardly made a dent.