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?