A small number with a huge impact
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The Federal Reserve announced a 0.25% interest rate hike today. But reining in inflation while supporting an economic recovery is a tricky balancing act.
Segments From this episode
Citing high inflation and the tight labor market, Fed Chair Jerome Powell announces the first rate hike since 2018.
It could put extra pressure on global shipping and force companies to raise prices.
The U.S. could expand tariffs on Chinese goods — but that may raise prices for American consumers.
They've been up and down like a bouncing ball for the past few months.
It's not as simple as you might think.
A grain wholesaler explains why a war in Europe is driving up grain prices around the world.