Today’s Daily: How Expecting Inflation Can Actually Create More Inflation

By raising interest rates, the Federal Reserve hopes to prevent consumers from believing higher prices will last forever.

View in browser July 28, 2022 This is how the news should sound. Twenty minutes a day, five days a week, hosted by Michael Barbaro and Sabrina Tavernise and powered by New York Times journalism. Contact us: thedaily@nytimes.com. How Expecting Inflation Can Actually Create More Inflation By raising interest rates, the Federal Reserve hopes to prevent consumers from believing higher prices will last forever. Open now Need help? Review our newsletter help page or contact us for assistance. You received this email because you signed up for Today's Daily from The New York Times. To stop receiving these emails, unsubscribe or manage your email preferences. Subscribe to The TimesGet The New York Times app Connect with us on: Change Your EmailPrivacy PolicyContact UsCalifornia Notices The New York Times Company. 620 Eighth Avenue New York, NY 10018