Fed Raises Interest Rates In Effort To—Hey, Pay Attention, This Is Important!
by from on (#60FTG)
WASHINGTON-With inflation at a 40-year high, the Federal Reserve raised its benchmark interest rate this week in an effort to-hey, come on, pay attention, this is really important! The Consumer Price Index has gone up 8.6% since May of last year, and so the Fed's hike of three-quarters of a point is aimed at...hello?...