We're saying 'R.I.P.' to inflation

Today On Deadline is holding a funeral service for what we, and all Americans, hope is the death of inflation. Last week was a cause of celebration for our wallets and economic aspirations as the Federal Reserve issued its first rate cut in more than four years, dropping key interest rates a half point from their two-decade high of 5.3%, where they sat for 14 months as the Central bank fought to tame inflation. But, we ask, is inflation really over? ‘On Deadline’ is hosted and produced by Lauren Barry. It’s also produced by Joe Hiti, Christy Strawser. Sound design by Joe Hiti.