Federal Reserve plans to raise interest rates soon to fight inflation
The Federal Reserve is signaling it plans to begin raising interests rates soon. Officials are hoping the move will help ease inflation, which has risen to its highest level in decades. Dana Peterson, chief economist for The Conference Board, joins CBS News' Elaine Quijano to discuss.
UP NEXT
NOW PLAYING: Politics
Federal Reserve plans to raise interest rates soon to fight inflation
CBS News
UP NEXT
-
Pollution responsible for 9 million deaths every year, new research finds
CBS News
-
Markets see one of the worst days since 2020
-
Senate approves $40 billion aid package for Ukraine
-
MoneyWatch: U.S. officials say war in Ukraine amplifying global food insecurity
-
Mom talks baby formula shortage
-
Accused Buffalo grocery store shooter indicted on murder charge
-
White House welcomes leaders of Sweden and Finland as they bid to join NATO
-
Dr. David Agus answers your COVID-19 questions
-
MoneyWatch: Dow and S&P see worst single-day drop since 2020
-
Single mom walks graduation stage with 2-year-old daughter
-
London Calling: Queen Elizabeth makes surprise appearance
-
Washington working to ease baby formula crisis
-
Florida man severely burned when fire erupts during arrest at gas station
-
Amanda Kloots on life, loss and moving forward following her Broadway star husband’s death
-
House approves $28M in emergency aid to ease baby formula shortage
-
Experienced professionals join "Great Resignation"
