Salem Radio Network News Saturday, March 25, 2023


More Fed Rate Hikes Seen As Response To Consumer Prices

The Fed appears likely to keep raising interest rates after the latest report on Consumer Prices shows inflation is still a problem. The Commerce Department says consumer prices rose 0.6% from December to January, up sharply from November-to-December’s 2% increase . Since March of last year, the Fed has attacked inflation by raising its key interest rate eight times.

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Michael Ramirez
Fri, Mar 17, 2023