The Fed raised rates again, but only by a quarter of a point. The reduction in rate hikes came after months of more aggressive steps and signaled optimism that inflation was slowing. Elsewhere, oil companies are unleashing profits, with many hitting new records and angering activists and governments.
MSNBC anchor and economics correspondent Ali Welch join in now hereScott Tong’s in-depth coverage of all the latest business news.
This article was originally published on WBUR.org.
Copyright 2023 NPR. To view more information, please visit https://www.npr.org.