Federal Reserve hikes interest rates 0.75 points | ABCNL
ABC News business reporter Alexis Christoforous joins ABC News Live to discuss the Federal Reserve interest rate hike and how consumers can bear the brunt. WATCH the ABC News Live…
Fed rate hikes deliver these financial benefits, experts say
The rate hikes should eventually deliver lower prices, which will improve the financial outlook of Americans. #ABCNews #federalreserve #interestrates source
Inflation hits a 40-year high in US l WNT
As U.S. policymakers walk a tightrope in an attempt to dial back sky-high prices while averting an economic recession, new inflation data showed a significant acceleration of price hikes. WATCH…
Unemployment claims fall despite rising inflation, recession fears l ABCNL
ABC News’ Deirdre Bolton breaks down first-time unemployment claims falling slightly last week, despite worsening fears about recession, spiraling inflation and pain at the pump. WATCH the ABC News Live…
Federal Reserve hikes interest rate by 0.75%
The rate hike of 0.75% marks the largest increase since 1994. source
Staggering price hikes
Prices are once again soaring on everything from electricity to groceries. ABC News’ Mona Kosar Abdi explains why. #ABCNews #PriceHikes #Groceries source
Fed signals rate hikes coming ‘soon’ amid inflation concerns
Officials at the Federal Reserve on Wednesday signaled that they could “soon” raise interest rates for the first time in three years. source
Gas prices rise amid inflation l GMA
The price of gas increased more than 6% over the last month and is up nearly 50% over the past year. #ABCNews #Gas #Inflation source
Inflation reaches highest level in nearly 40 years
ABC News’ Rick Klein and Deirdre Bolton explain why consumer prices rose to the highest level in nearly four decades, and how inflation could be impacted by the president’s “Build…