2min chapter

The Daily cover image

A Strange Moment for the U.S. Economy

The Daily

CHAPTER

Is Inflation Coming?

An inflation starts rising, it ecomes faster than we've been comfortable with in recent years. That's bad news for anybody who's sitting on savings in a savings account. The other concern is that the federal reserve looks at that possibility and says 'We better get control of this before it gets out of control' And so they raise interest rates to try to slow down the economy.

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