September 21, 2022 6:02 pm

Federal Reserve System Raises Interest Rates Again

It made the stock market fall and anxiety about the future rise at the same time — another interest rate hike that makes it more expensive to borrow money. Now, the goal is to fight inflation and bring down the prices we’re paying at the grocery store and gas pump, but it’s also risky. Business and Tech Report Scott Budman reports.

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