CNN CNN Newsroom With Pamela Brown February 19, 2022 23:53:00
World labor shortages and factories getting shutdown and another issue is demand is really strong here in the united states. and so as long as there continues to be disruptions because of the pandemic among other problems including geopolitical risks, they're seeing upward pressure on prices. the federal reserve whose job is officially to keep price stable indicated it will soon begin raising interest rates which should put a damper on that strong demand i was talking about and in theory reduce the amount of inflation that we are seeing. now again, a lot of other variables at play here and it ...