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Federal Reserve faces a tough challenge on cooling inflation
May 19, 202201:46
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Nightly News

Federal Reserve faces a tough challenge on cooling inflation

01:46

The Federal Reserve is facing one of its toughest challenges in decades: raising interest rates to cool inflation, without killing consumer demand and jobs, and pushing the economy into a recession. NBC News’ Tom Costello hears from Americans about the impact of skyrocketing rent, food and gas prices. Already, Equifax reports more consumers with low credit scores are falling behind on payments.May 19, 2022

Get more newsFederal Reserve faces a tough challenge on cooling inflation NBC News LogoSearchSearchLiveLiveNBC News LogoToday Logo - Analysis & Updates [2026-10-01] | Latest News Todayon
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    Cornell agrees to independent investigation into handling of rape allegations

    02:44

  • Good News: High school football team surprises mom fighting cancer with flowers

    01:21

  • Passengers stop co-pilot’s attempt to crash plane

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  • Chicago mom’s gig work to make ends meet

    02:31

  • Flooding triggers State of Emergency

    01:13

  • New questions over airline security after attack

    02:14
Get more newsFederal Reserve faces a tough challenge on cooling inflation NBC News LogoSearchSearchLiveLiveNBC News LogoToday Logo - Analysis & Updates [2026-10-01] | Latest News Todayon

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