The Fed did it, again.
Credit: Getty Images

The Fed did it, again.

The Federal Reserve plowed ahead with a fourth straight historically large interest rate hike Wednesday in an effort to beat back soaring inflation.

But as the Fed’s months-long campaign increasingly risks a recession next year, the main question now is – Will it dial back the rate hikes in December or wait until inflation shows clear signs of abating?

Welcome to The Money, where we break down financial news and provide the TL;DR version of how decisions by the Federal Reserve, government and companies impact you.

‘Tis the (open enrollment) season

It's open enrollment season for most health plans. We recently reported that inflation may finally be catching up with your healthcare premium in the new calendar year.?

As plans continue to shift more of the cost burden onto their members – that's you – we took a look at the role patient assistance programs and manufacturer coupons play in the always-confusing world of drug pricing.?

Read more: How various available drug discounts work, and what pitfalls to be aware of with each?

Amazon and Apple foresee slowdown?

If you go by the projections of Amazon and Apple, the outlook for consumer spending may be dimming, even though government data doesn't currently reflect that.?

The two tech giants raised eyebrows with disappointing sales outlooks going into year-end holidays.

Burnout rates on the rise

If you're feeling burnt out at your job, you're definitely not alone.?

Global burnout rates were up 8% between May and August, according to a new report. A lack of flexible work and a “ripple effect” from ballooning stress among executives were noted as factors contributing to burnout.?

?? More stories you shouldn't miss ??

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Md Rion Ali

Attended Sonargaon University(SU)

2 年

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Fadli Muhammad(Fadli Muhammad Generation History)

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2 年

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CHESTER SWANSON SR.

Realtor Associate @ Next Trend Realty LLC | HAR REALTOR, IRS Tax Preparer

2 年

In my Opinion, The Fed's is trying to get Inflation under Control, Does anyone has a Better Idea to get inflation under Control.

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2 年

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