rjchq.org VS.

heritage.org

The Federal Reserve has announced that it will raise its target interest rate to 1.25 percent to stave off inflation. The following provides a basic guide to inflation-what it is, how it works, and how the Fed tries to manage it.   Q: What is inflation? A: A basic definition of inflation is that inflation is a rise in the general price level throughout the economy. This general price level is commonly measured by the Consumer Price Index.