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lets get down to business now. in just a few hours, the federal reserve — americas central bank — will make a decision on interest rates. its pretty clear the cost of borrowing will go up but the question is, byjust how much. our north america business correspondent samira hussain reports from new york in the united states the cost of living has hit the highest level in more than a0 years. everything is more expensive. in the last year, the cost of food and vegetables is of more th...

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Like other central banks is raising rates to curb inflation. here on wall street most people believe the policymakers will raise by .75%. but there are those believe the fed may adopt a more aggressive policy and raise the rates by a full percentage point. such is the urgency of combating rising cost. as the international monetary fund examines the outlook for global growth believes bringing down inflation is top priority. central banks need to stay the course and bring inflation back down. d0 c...