The Federal Reserve is set to increase interest rates by half a percentage point, marking the largest rate hike since the 2000s. The central bank's main goal is to keep inflation around 2%, but rising consumer spending and government stimulus after the pandemic pushed inflation to a high of 8.5% in March. To cool down the economy, the Fed is raising borrowing costs, which will make loans, credit cards, and mortgages more expensive. As a result, people may spend less, leading to a slowdown in price increases. However, this move has sparked concerns among investors, and the stock market has experienced a sharp decline as a reaction to the aggressive monetary policy shift. Storage Holders,Kitchen Storage Rack,Kitchen Organizer Rack,Kitchen Utensil Organizer Jiangmen Jianghai Jianshang Houseware Co.,LTD. , https://www.jm-jianshang.comEconomy