The hot economy is about to be put on ice

President Joe Biden delivered a massive economic stimulus that sparked historic job growth — but is also a factor in why inflation is the highest it's been since the 80s. Now, he’s counting on the Federal Reserve to come to the rescue as inflation eats up people’s paychecks and feeds anxiety about the future. Victoria Guida reports. Learn more about your ad choices. Visit megaphone.fm/adchoices