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Ballooning Costs

Jill on Money with Jill Schlesinger

00:00

Inflation Is Not Going Away Any Time Soon

Next week, the federal reserve will hold its last meeting of the year. The fed is going to stop buying all the bonds it was doing as an emergency measure and pave the way for an increase in short term interest rates. If prices remain high and wages don't keep up, we d see slower economic growth in the coming six or 12 months. But i would not be surprised if we start to see some volatility in the coming months as monetary policy shifts.

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