With Inflation Soaring, The Fed Weighs Another Interest Rate Hike - podcast episode cover

With Inflation Soaring, The Fed Weighs Another Interest Rate Hike

Jul 25, 202213 min
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Episode description

Food, gas, rent — prices are climbing across the board. As inflation hit a 40-year high last month, millions of Americans are adjusting their spending and looking for ways to stretch their budgets.

The Federal Reserve is taking action, too. Policy makers are meeting this week to consider whether and how much to raise interest rates in an effort to curb inflation.

We talk to NPR's chief economics correspondent Scott Horsley and business correspondent David Gura.

In participating regions, you'll also hear a local news segment to help you make sense of what's going on in your community.

Email us at considerthis@npr.org.

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