Money

What does high March inflation mean for the Fed and the economy?

by
What does high March inflation mean for the Fed and the economy?

What does high March inflation mean for the Fed and the economy? – CBS News Watch CBS News The annual inflation rate hit 3.5% in March, the highest since September. Martin Baccardax, senior editor and chief markets correspondent at “TheStreet,” joins CBS News to examine what’s behind the increase and …

Read more

Interest rates hit 23-year peak as Federal Reserve battles inflation

by
Interest rates hit 23-year peak as Federal Reserve battles inflation

Interest rates hit 23-year peak as Federal Reserve battles inflation – CBS News Watch CBS News In a move to combat rising inflation, interest rates have soared to their highest in nearly a quarter-century. The Federal Reserve is concluding a two-day policy meeting today. Their decisions could significantly impact borrowing …

Read more