1.2M views · 161 reactions | FIGHTING INFLATION: The Federal Reserve appears set to announce its biggest interest rate hike in almost 30 years, as inflation hits everything from mortgages to groceries to gas. https://cbsn.ws/39sfeM6 | CBS Mornings | Facebook

13 reactions · 4 comments | How does current inflation compare with the past? As prices rise, currency loses value, and it doesn't have as much purchasing power as it once did. In other words, whatever a dollar can buy is reduced over time. Use our inflation calculator to convert historical prices into current dollars, making the prices of goods and services comparable across the years: https://usafacts.org/articles/what-is-driving-the-rise-in-inflation/ | USAFacts | Facebook