Annual inflation rate cools to 3.3% but remains well above Federal Reserve's target

Annual inflation rate cools to 3.3% but remains well above Federal Reserve's target

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Interactive Video

Business

University

Hard

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The video discusses the rise in market indices following a report of cooled inflation, which increased by 3.3% year over year. The Federal Reserve is expected to announce its decision on interest rates, with few analysts predicting a rate cut today. However, both Wall Street and Main Street are keenly observing for any hints of future rate cuts.

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OPEN ENDED QUESTION

3 mins • 1 pt

What new insight or understanding did you gain from this video?

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