Name: Fed expected to raise interest rates again: What it could affect
Uploaded: Wed May 04 2022 11:31:03 GMT+0000 (UTC)
Duration: 2 min 14 s
Description: The Federal Reserve is expected to announce another rise to interest rates by up to half a percentage point in an effort to handle sky-high inflation. The hope is that if borrowing money becomes more expensive, demand will drop and prices will go back down. NBC’s Jo Ling Kent reports for TODAY.

May 4, 202202:14