© 2021 KOSU
Play Live Radio
Next Up:
0:00
0:00
Available On Air Stations
Help us answer phones and take pledges during our upcoming membership drive on Dec 6th & 7th. Sign up here!

How will the Fed's interest rate hike address inflation?

With inflation running at a record high, the Federal Reserve raised interest rates by half a percentage point Wednesday.

Ali Velshi, anchor and economics correspondent at MSNBC, discusses the broader implications of the decision and the Fed’s track record at taming inflation.

This article was originally published on WBUR.org.

Copyright 2022 NPR. To see more, visit https://www.npr.org.

Hey! Did you enjoy this story? We can’t do it without you. We are member-supported, so your donation is critical to KOSU's news reporting and music programming. Help support the reporters, DJs and staff of the station you love.

Here's how: