Should the Fed raise its 2% inflation target?




Marketplace All-in-One show

Summary: <p>The Federal Reserve is expected to pause its program of interest rate hikes this week as it tries to whittle inflation down to 2%. But with annual price gains hovering at around 5%, economists are divided on whether 2% is the right goal anymore. Today, we delve into the debate. We’ll also look at jobs created by the Inflation Reduction Act and the child care hurdles posed by unpredictable work hours.</p>