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Federal Reserve expected to hike interest rates for fifth time this year to quell inflation

Name: Federal Reserve expected to hike interest rates for fifth time this year to quell inflation
Uploaded: 2022-09-21T07:08:10-0400
Duration: 2 min 5 s
Description: While the cost of groceries and rent are still rising, the Federal Reserve is expected to hike interest rates again today in an effort to quell high inflation. Nancy Cordes reports from the White House.

While the cost of groceries and rent are still rising, the Federal Reserve is expected to hike interest rates again today in an effort to quell high inflation. Nancy Cordes reports from the White House.