The Fed announces its plan for interest rates today, and it’s widely expected to raise them. We discuss many things inflation with David Kelly of J.P. Morgan. Oil and gas prices spiked this morning on the heels of Vladimir Putin’s announcement to mobilize reservists for the war in Ukraine.
WASHINGTON, DC - SEPTEMBER 19: The Marriner S. Eccles Federal Reserve Board Building is seen on September 19, 2022 in Washington, DC. The Federal Open Market Committee (FOMC) is set to hold its two-day meeting on interest rates starting on September 20.