This is how the Federal Reserve plans to control inflation
04:37
Share this -
copied
The Federal Reserve announced its first interest rate hike in 3 years as Americans are seeing higher prices overall due to months of rising inflation. Interest hikes can be an effective way to tame inflation, but how long will it take to play out and in the meantime, what does that mean for you? NBC’s Jo Ling Kent reports in this week’s Sunday Focus.March 20, 2022
UP NEXT
Mike Myers talks ‘The Pentaverate’ and his big break on ‘SNL’
07:45
Texas couple celebrates 10 years of marriage with a Sunday Mug Shot!
01:08
This optical illusion made a driver scared of a giant hole in the road
01:04
Bomb-sniffing dog is awarded Ukraine’s Medal of Honor
03:48
Peter Moore, pioneering designer of Nike's Air Jordan, dies at 78
02:35
Goodbye to the iPod, the device that changed how we enjoy music