Fed Set To Extend Inflation Fight With 7th Rate Hike Of 2022

The video discusses the 7th interest rate hike of 2022, which is smaller than the previous four hikes. It highlights a recent report showing a decrease in inflation, with prices rising 7.1% in November, the lowest since last December. Despite this, Fed Chair Jerome Powell is expected to announce more hikes next year to control inflation.

How many interest rate hikes have occurred in 2022 according to the video?

• 8

• 7

• 6

• 5

What is the expected size of the upcoming interest rate hike?

• 1/4 point

• 1/2 point

• 3/4 point

• 1 point

What was the percentage increase in prices in November?

• 8.0%

• 7.5%

• 7.1%

• 6.5%

What does the recent report suggest about inflation?

• Inflation is increasing rapidly

• Inflation is unpredictable

• Inflation is stable

• Inflation is easing

What is Fed Chair Jerome Powell expected to signal about future interest rates?

• No more hikes

• Decrease in rates

• Stable rates

• Additional hikes