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How Does Raising Interest Rates Tame Surging Inflation?
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How Does Raising Interest Rates Tame Surging Inflation?
CNBC’s Melissa Lee joins TODAY to talk about how raising interest rates cools down the economy and tempers inflation. “What the Fed wants to achieve is price price stability...it slows down the cost of money.” Lee explains. » Subscribe to TODAY: http://on.today.com/SubscribeToTODAY » Watch the latest from TODAY: http://bit.ly/LatestTODAY About: TODAY brings you the latest headlines and expert tips on money, health and parenting. We wake up every morning to give you and your family all you need to start your day. If it matters to you, it matters to us. We are in the people business. Subscribe to our channel for exclusive TODAY archival footage & our original web series. Connect with TODAY Online! Visit TODAY's Website: http://on.today.com/ReadTODAY Find TODAY on Facebook: http://on.today.com/LikeTODAY Follow TODAY on Twitter: http://on.today.com/FollowTODAY Follow TODAY on Instagram: http://on.today.com/InstaTODAY #Inflation #Economy #
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