CHEAT SHEET: Federal Reserve increases interest rates to combat inflation
(10/02/22 3:16pm)
Supply chain issues, persistent inflation and recent interest rate increases from the Federal Reserve have many Americans facing uncertain economic conditions. Mark Kurt, Elon University professor of economics, breaks down present economic conditions, rising prices and high turnover, or churn, among employees. Kurt holds a bachelor’s degree in economics from Clemson University, as well as an economics master’s and Ph.D. from the University of Iowa.