Decades-high inflation gets a decades-high rate hike
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The Federal Reserve announced its largest interest rate hike since 1994, but consumer spending may already be cooling. Plus, no side wants to give an inch in the U.K.'s unit-of-measurement debate.
Segments From this episode
The Fed ups the ante
The Fed hiked its key interest rate by three-quarters of a percentage point. Today, we dig into the implications of that historic move.
The slight decline from April to May could indicate a slowing economy — which the Federal Reserve is hoping for.
There are a lot of variables that make predicting energy demand in 2023 difficult, including rising interest rates, inflation and potential COVID flare-ups.
Claudia Smukler of Mother Jones explains the unique obstacles to producing a print magazine in this economy.
The agency said it’s part of bringing a more data-based approach to policymaking.
The prime minister pledged to make the use of pounds and ounces official again after Brexit. We checked sentiment at Shrewsbury Market.
Catherine Fink of Colorado said this was the year she felt "most frazzled, just in terms of having to be basically at three full-time jobs."