# @wmar2news on Instagram

- **Type:** Video
- **Original URL:** https://www.instagram.com/p/CdWLuCQFz00
- **Gondola URL:** https://gondola.cc/posts/13832957-wmar2news-instagram
- **Posted:** 2022-05-09T18:04:21.000+00:00
- **Account Owner:** WMAR-2 News (@WMAR2News) — https://gondola.cc/WMAR2News

## Caption

BALTIMORE, Md. — Credit card bills are about to get more expensive.⁠
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People carrying balances on their credit cards can expect to see higher interest charges on their next statement.⁠
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The Federal Reserve is considering raising target interest rates another half-point in may after raising it a quarter point on March 16.⁠
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Inflation hit a 40-year-high last month and as painful as it is to consumers' budgets, federal reserve officials see raising interest rates as one way to stop inflation in its tracks or at least slow it down.⁠
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Click the link in our bio to read the full story.⁠
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#economy #business #company #firm #money #stock #inflation #asset #shareholders #shares #stake #sustainability #finance #baltimore #local #capitalism #maryland

## Stats

- **Views:** 0
- **Likes:** 2
- **Shares:** 0
- **Comments:** 1

## Tags

baltimore, inflation, local, stock, money, economy, asset, maryland, firm, shareholders, stake, sustainability, company, finance, capitalism, business, shares

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