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NBC Nightly News with Lester Holt
NIGHTLY 6:30/5:30c

Federal Reserve raises interest rates for second time this year

CLIP05/04/22
Also available on the nbc app

With inflation still rising, many are hoping that prices will come down soon. The Federal Reserve has raised interest rates by half a point, the biggest hike in 22 years. The Fed’s goal is to slow spending down to bring inflation down. Inflation is now at eight and half percent and is the highest it has been in 40 years.

Appearing:Lester Holt
Tags: health, International News, Lester Holt, Making A Difference, NBC Nightly News, National News, news, nightly news, U.S. News, Breaking News, Evening News, politics, World News
S0 E02 minNRExcerptNews and InformationPrimetime

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