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Fishkind Conversations: How inflation and interest rates affect Central Florida

Hank Fishkind. Photo: Matthew Peddie, WMFE
Hank Fishkind. Photo: Matthew Peddie, WMFE

The Federal Reserve has announced it will raise interest rates to try to tamp down inflation.

Right now, consumer prices are up by nearly eight percent and gas prices have approached all-time highs.

Economic analyst Dr. Hank Fishkind tells WMFE’s Nicole Darden Creston about how the change by the Fed will impact Central Florida.

He starts with a look at the impact of inflation on family budgets.

Click the Play Audio button to hear their conversation.

Nicole came to Central Florida to attend Rollins College and started working for Orlando’s ABC News Radio affiliate shortly after graduation. She joined WMFE in 2010. As a field reporter, news anchor and radio show host in the City Beautiful, she has covered everything from local arts to national elections, from extraordinary hurricanes to historic space flights, from the people and procedures of Florida’s justice system to the changing face of the state’s economy.