How The U.S. Tries to Control Inflation

USA News

Americans are experiencing inflation at a rate not seen since the 1980s. Increased cost of goods and services are hitting the wallets of consumers. America’s central bank, the Federal Reserve, is poised to increase interest rates throughout 2022 to combat inflation by making it more expensive to borrow. In the last two years during the Covid-19 pandemic, the Federal Reserve has utilized a number of tools to control the United States economy.

Credit CNBC