Many Americans Still Struggling with High Cost of Living as Fed Reveals 11th Rate Hike

Many Americans Still Struggling with High Cost of Living as Fed Reveals 11th Rate Hike https://ift.tt/U6LPB2i https://ift.tt/wSFLJlv The Federal Reserve Wednesday escalated the inflation fight once more in its most aggressive series of rate hikes in 40 years. The Fed imposed another quarter-point rate hike on Wednesday in an effort to slash consumer demand and get companies to hire fewer people.