MOBILE, Ala. (WKRG) — As inflation soars, the federal government could take action.
On Friday, April 22, University of South Alabama’s Dr. Adam Harper joined WKRG News 5 to answer some common questions about interest rates and inflation.
In the attached video, Dr. Harper discusses topics including:
- Why is the Fed raising interest rates?
- What are some potential drawbacks to this move?
- How will this affect ordinary Americans?
- Can we expect more rate hikes in the future?