The impact of inflation and Fed rate cuts on Americans’ wallets

The impact of inflation and Fed rate cuts on Americans’ wallets

How persistent inflation and Fed rate cuts are impacting Americans’ wallets – CBS News

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2024 was a departure from the high inflation numbers of just two years ago, but the fight against rising prices is not over. CBS News MoneyWatch correspondent Kelly O’Grady looks back on the biggest economic and business stories of the year.

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