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Summer gas price surge

Summer gas price surge

As Americans plan their summer vacations, experts are warning that the national average price of gas could top $6 a gallon. ABC News’ Andrea Fujii has the details. Original source (ABC/Youtube)

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Federal Reserve Faces A Tough Challenge On Cooling Inflation

Federal Reserve Faces A Tough Challenge On Cooling Inflation

The Federal Reserve is facing one of its toughest challenges in decades: raising interest rates to cool inflation, without killing consumer demand and jobs, and pushing the economy into a recession. NBC News’ Tom Costello hears from Americans about the impact of skyrocketing rent, food and gas prices. Already, Equifax reports more consumers with low credit scores are falling behind …

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