it. inflation, it is zapping the strength of a lot of families. that inflation hit 8.6% last month, highest rate since 1981. majority of americans weren t even alive actually. u.s. families paying more for everything. gas, cars, food, housing, just to name a few. plane tickets, everything. and today fed is expected to rise rates three quarters of a point. so that means that people will pay more to get a car loan, houses and even college. that will taste bad, but the hope is that it cools down inflation overall. right now on wall street you re seeing a little bit of optimism here heading into this final fed decision here. in overseas market, mixed performance in asia and europe has opened higher this morning. this is a perfect day to talk to greg mcbride from bankrate.com, he knows something about interest rates, all kinds of different rates. hi, greg, how are you? good morning, christine, great to be with you again. so this rate hlike we re expecting, 75 basis point
hydrogen-fueled transportation, and carbon capture. we may not know just what lies ahead, but it s only human. to search for it. white house officials are now predicting president biden will in fact bring up human rights when he meets next month with saudi crown prince mohammad bin salman after criticizing him in the past over the murder of washington post journalist jamal khashoggi. the president does not set aside human rights concerns. with reader leaders all around world routinely he brings up our values and our foreign policy and our commitment to human and civil rights and i expect that he will do that clearly on this trip as well. even some democrats though are calling the president s planned meeting with the crown prince a mistake.
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