November 2022

The country's parked at inflation station. And that has the Federal Reserve eyeing up another interest rate hike. Reminder: The Fed has upped rates five times this year. And officials expect that trend to continue until inflation cools down. Here's how rising rates can impact your wallet.

Time to see if the US is workin' it. In September, the US added 263,000 jobs — meaning, job growth slowed but was still pretty strong. And the unemployment rate fell to 3.5%. The report comes as the Fed wants the pace of hiring to slow down so that inflation can ease up. Stay tuned to find out what happens.