Gas prices rising, this doesn’t only effect how much you pay to fuel up your car. It also effects how much you pay for the goods that you enjoy. Companies across America are having trouble keeping there prices the same, when it now cost them more to produce them, and then ship them out into the market. At the last meeting of the Federal Open Market Committee they planned that at there next meeting that they would bring up interest rates to 5% from the current 4.75%. They hope that this will make more of an ease on the market as it sets now. According to the Department of labor consumer prices have raised higher then their pay.
No comments:
Post a Comment