The Aporia
US Gas Prices Hit Record High; Fed Poised to Raise Interest Rates. (2026, September 14). NBC News. https://www.today.com/video/us-gas-prices-hit-record-high-fed-poised-to-raise-interest-rates-269811781739
“US Gas Prices Hit Record High; Fed Poised to Raise Interest Rates.” NBC News, 14 Sept. 2026, https://www.today.com/video/us-gas-prices-hit-record-high-fed-poised-to-raise-interest-rates-269811781739.
“US Gas Prices Hit Record High; Fed Poised to Raise Interest Rates.” NBC News, September 14, 2026. https://www.today.com/video/us-gas-prices-hit-record-high-fed-poised-to-raise-interest-rates-269811781739.
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In early April 2022, US gas prices reached an all-time high as the country grappled with inflationary pressures stemming from supply chain disruptions and rising crude oil costs. Amid this economic turbulence, the Federal Reserve indicated a readiness to raise interest rates, aiming to curb inflation but potentially slowing down economic growth. The surge in fuel costs particularly strains household budgets, affecting travel plans and daily commuting expenses across America.