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![Jerome Powell, Chairman, Board of Governors of the Federal Reserve System testifies before the Senate Banking, Housing, and Urban Affairs Committee on June 22, 2022 in Washington, DC.](https://woub.org/wp-content/uploads/2022/07/gettyimages-1404439615-4bf5532d87d8f108378ee9b537a60b8d9051f039-scaled-e1658950824587-900x422.jpg)
Another big Fed rate hike is here to battle inflation. Economy hangs in balance
By: David Gura | NPR
Posted on:
Updated July 27, 2022 at 2:01 PM ET WASHINGTON, D.C. (NPR) — With prices rising at their fastest pace in a generation, the Federal Reserve is ratcheting up its fight… Read More