Last call for Fed rate predictions

Another day, another hot inflation report. The August consumer price index rose 3.4% year-over-year, well above the Fed’s target rate of 2%.

Next week, members of the Federal Open Market Committee will meet to discuss interest rates. The topic on everyone’s mind will be whether inflation is strong enough to justify a rate hike.

“Marketplace” host Sabri Ben-Achour spoke with Sudeep Reddy at MSNOW and Kate Davidson at Bloomberg about all this and more for the Weekly Wrap.

Click the audio player above to hear their conversation.