From Washington: Inflation Spikes & The Fed Steps In

Aiming to tamp down on historically high inflation, the Federal Reserve raised interest rates by .25% for the first time in over three years, since the COVID-19 pandemic caused the economy to spiral. For millions of Americans, this could mean seeing higher credit card bills, mortgage rates, and student loans. Moody’s Analytics Chief Economist Mark Zandi explains how rising interest rates might help battle to fight inflation, and what people can expect in the long term.

According to the latest Fox News poll, Cleveland businessman Mike Gibbons is emerging as the leading candidate in Ohio’s Republican U.S. Senate primary. Candidate Gibbons joins FOX News Radio’s Jessica Rosenthal to discuss the campaign priorities that may contribute to his lead, the obstacles he faces regarding past controversial comments, and his thoughts on former President Donald Trump’s endorsement in the race.