This solemn milestone in just a few minutes. but right now let s turn to the fight against inflation. the fed raising interest rates by half a percentage point, the most in more than two decades, meaning just about everything we buy on credit will get more expensive. jo ling kent has that story. reporter: with inflation skyrocketing, willy price tells us she s praying prices will come down soon. everything is high. everything is almost unaffordable food is high the gas is high. electric bills went up. reporter: like the majority of americans, she now lives paycheck to paycheck these realities pushing the federal reserve to take action yet again today, raising interest rates by half a percentage point, the biggest hike in 22 years inflation is much too high, and we understand the hardship it is causing. reporter: the fed s goal, slow down spending to bring inflation down, which