How raising interest rates helps fight inflation and high prices
In 2022, the Federal Reserve raised its key federal funds rate seven times — something it hasn't done as aggressively since the 1980s. The central bank hopes that by doing so, it can slow down the economy enough to moderate price growth. But how does raising interest rates do that, exactly? When…
#lhmeyerinc #derektang #ukraine #federalreserve #jeromepowell
