comparemela.com

Cupertino Hayward News Today : Breaking News, Live Updates & Top Stories | Vimarsana

KNTV NBC Bay Area News At 530 July 28, 2022

The trend reported across the country. And a super sized Interest Rate hike. The increase from the fed and what it means for your money. Good wednesday, everyone, the news at 5 30 starts right now. Thanks so much for joining us, im janelle wang. And im raj mathai. We begin with a story that touches nearly everyone here. Nearly all of us. Inflation and the fight to bring prices down. But beware, that fight now includes another Interest Rate hike, and that could make a lot of things even more expensive. The Federal Reserve raised the Interest Rates by three quarters of a point, the same rate as last month. The goal is to slow down spending, cool the economy, and curb inflation, which has been climbing to near record levels. But even if these rate hikes manage to slow the pace of inflation, they can also make certain things more expensive like the interest we pay on our credit card debt. When you take an environment where you have rising inflation where everyday goods are costing more and

© 2025 Vimarsana

vimarsana © 2020. All Rights Reserved.