© 2022 KUNR
An illustrated mountainscape with trees and a broadcast tower.
Serving Northern Nevada and the Eastern Sierra
Play Live Radio
Next Up:
0:00
0:00
Available On Air Stations
We are experiencing signal outages in the Bishop/Mammoth Lakes area. We are looking into the cause and hope to have signal restored soon.

How will the Fed's interest rate hike address inflation?

With inflation running at a record high, the Federal Reserve raised interest rates by half a percentage point Wednesday.

Ali Velshi, anchor and economics correspondent at MSNBC, discusses the broader implications of the decision and the Fed’s track record at taming inflation.

This article was originally published on WBUR.org.

Copyright 2022 NPR. To see more, visit https://www.npr.org.