Tag: inflation
ABC News Prime: Queen is laid to rest; Hurricane Fiona, Puerto Rico damage; Ethiopia faces famine
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Federal Reserve expected to announce 3rd interest rate hike | ABCNL
In an effort to combat inflation, the Federal Reserve is expected to hike interest rates up another 0.75%- its 5th interest rate hike of 2022….
President Biden’s full remarks at UN General Assembly
“Russia has shamelessly violated the core tenants of the United Nations Charter,” Biden said while pledging continued support of Ukraine. #abcnews #unitednations #biden source
Federal Reserve set to raise interest rates again to fight inflation
As rising prices burden American consumers, the Federal Reserve has raised interest rates several times to combat inflation and balance out the economy. WATCH the…
Fed announces 0.75% interest hike rate
For the fifth time this year, the Federal Reserve instituted an interest rate hike on Wednesday amid ongoing inflation woes. WATCH the ABC News Live…
Fed raises interest rates for 5th time this year
The Federal Reserve raised a key interest rate by .75% for the third straight time as a way to fight rising inflation. WATCH FULL EPISODES…
President Biden praises unions, touts Inflation Reduction Act l ABCNL
At a Labor Day event in Milwaukee, President Joe Biden celebrated American workers and talked about how democracy can be saved. WATCH the ABC News…
Fed chair vows to fight inflation ‘until the job is done’
Federal Reserve Chair Jerome Powell vowed to fight inflation “forcefully” in remarks on Friday at the central bank’s annual summer gathering in Jackson Hole, Wyoming….
Will Biden’s student loan forgiveness plan make inflation worse?
One of the early reactions to President Joe Biden’s plan to forgive up to $20,000 in student loan debt has been that it will make…
Federal Reserve Chairman warns consumers that they should expect ‘pain’ | GMA
The markets nosedive after Jerome Powell says the road will be tough ahead in the effort to combat inflation. Subscribe to GMA’s YouTube page: https://bit.ly/2Zq0dU5…
Fed chair: Interest rate hikes will continue until inflation comes down
Jerome Powell says the labor market is strong but “out of balance” and the Federal Reserve is preparing for another interest rate hike to reduce…
Fallout continues over Biden’s student loan forgiveness plan
ABC News congressional correspondent Rachel Scott breaks down the fallout from President Joe Biden’s student loan forgiveness plan and reactions from politicians on both side…
New report shows housing market stall out l GMA
ABC News’ Rebecca Jarvis reports on the latest from the National Association of Realtors with sales of existing homes down nearly 6% in July. #ABCNews…
Coffee may soon cost more
Droughts and frost have devastated coffee bean crops in Brazil. WATCH THE FULL EPISODE OF ‘WORLD NEWS TONIGHT’: https://bit.ly/3uHCDO5 WATCH OTHER FULL EPISODES OF WORLD…
How the Inflation Reduction Act impacts prescription drug costs l ABCNL
ABC News’ Devin Dwyer reports on the impact on the costs of prescription drugs from provisions in the Inflation Reduction Act, including on medications such…
How the Inflation Reduction Act helps fight climate change
House Democrats on Friday passed the Inflation Reduction Act, sending the multibillion-dollar bill to President Joe Biden’s desk to be signed into law. SUBSCRIBE to…
House Dems pass $370 billion Inflation Reduction Act
The bill is a cornerstone of President Joe Biden’s economic agenda. It is the largest investment in fighting climate change in U.S. history. It will…
Houses passes Inflation Reduction Act, Biden signs next week
The multibillion-dollar climate, health and tax bill will be sent to President Joe Biden’s desk next week to be signed into law. SUBSCRIBE to ABC…
House votes on final passage of Inflation Reduction Act
The House of Representatives is set to pass the Inflation Reduction Act Friday and ABC News’ Alexis Christoforous and Zohreen Shah break down what it…
GOP congressman: Inflation Reduction Act will make inflation worse l ABCNL
Rep. Pete Sessions, R-Texas, says the Democrats’ deal to pass the Inflation Reduction Act will do anything but – and harm businesses and consumers in…
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