By Jasmine Browley ·Updated June 4, 2022
CNBC pointed out that annual inflation reached a 40-year high in earlier this year, leading the Federal Reserve to raise its benchmark rate by half a percentage point. This is the biggest jump we’ve seen since the 2000s.
What that means for us? Everything is more expensive and that could lead to a major recession. As scary as that is, there’s light at the end
