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https://www.wsj.com/articles/jerome-powells-inflation-fighting-pledge-could-tee-up-another-0-75-point-interest-rate-rise-11662550241

Fed on Path for Another 0.75-Point Interest-Rate Lift After Powell’s Inflation Pledge Fed Chairman Jerome Powell’s pledge to reduce inflation even if it increases unemployment puts the U.S. central bank on course to raise rates by another 0.75 percentage point this month.

https://www.cnbc.com/2022/07/26/nearly-half-of-americans-fall-deeper-in-debt-as-inflation-boosts-costs.html

Nearly half of all Americans are falling deeper in debt as inflation continues to boost costs With inflation hitting a 40-year high, Americans are struggling to keep up with rising prices and putting less money aside for emergencies, several studies show.