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Fox News Digital asks everyday American how they feel about the direction of the economy in Joe Biden's America.

The Federal Reserve will likely raise interest rates by three-quarters of a point for the second month in a row at its July meeting in an attempt to combat high inflation.⁠

The Covid-19 pandemic caused chaos in the U.S. housing market, with prices skyrocketing, inventories dwindling and intense bidding wars.

The Fed is preparing to raise interest rates by 75 basis points to combat inflation, which creates higher costs to buying a house, paying off credit card debt or getting a loan for a car.

The Fed is expected to raise interest rates again this week.

ABC News' Alexis Christoforous discusses the latest on inflation as the Federal Reserve is expected to raise interest rates, while gas prices in the U.S. have dropped 55 cents from last month.

Steven Wieting, chief investment strategist & chief economist at Citi Global Wealth Investments, and Jimmy Chang, chief investment officer at Rockefeller Global Family Office, join 'Squawk on the Street' to discuss the upcoming Federal Reserve meeting, how stocks will perform towards the end of the year and how much weight declining gas prices should carry. For access to live and exclusive video from CNBC subscribe to CNBC PRO:

The Federal Reserve is expected to raise its benchmark interest rate again to combat inflation. Matt Schulz, chief credit analyst for LendingTree, joined CBS News' Tanya Rivero and Nikki Battiste to discuss what Americans should know ahead of the Fed's decision.

Yahoo Finance anchors Rachelle Akuffo, Dave Briggs and Jared Blikre discuss the outlook for a recession as the July FOMC meeting approaches.

ABC News business reporter Alexis Christoforous discusses the latest on the Federal Reserve possibly hiking interest rates as gas prices drop, and what it means for Americans.

Meghan Swiber, Bank of America Global Research U.S. rates strategist & director, looks ahead to this week's Fed meeting. With CNBC's Melissa Lee and the Fast Money traders, Guy Adami, Tim Seymour, Karen Finerman and Dan Nathan. For access to live and exclusive video from CNBC subscribe to CNBC PRO:

The Federal Reserve is expected to hike rates this week at their upcoming meeting that begins on Tuesday. Tiffany Wilding, PIMCO's Chief US economist, previewed the meeting with Alix Steel and Tom Mackenzie on "Bloomberg Markets: Americas".

This week, the feds are expected to announce a three-quarters of a percent increase.

Across the country, inflation is soaring and up 9.1 percent year-over-year. Many families are asking for help at the Loudon County food bank in Virginia, but they ran out of food after 90 minutes. Meanwhile, a new AAA poll finds 88 percent of those asked are cutting back on driving due to higher gas prices. All of these factors are adding pressure on the Federal Reserve, which is expected to raise interest rates another three-fourths of a percentage point this week.

The Federal Reserve meets today and many anticipate it will increase interest rates by three-quarters of a percentage point, if not a full point.

The U.S. Federal Reserve is poised to raise interest rates for a fourth time since March. Financial advisors are sharing advice ahead of the next hike.

Former Atlanta Fed President Dennis Lockhart expects a 75 basis point hike tomorrow. With CNBC's Melissa Lee and the Fast Money traders, Guy Adami, Tim Seymour, Karen Finerman and Steve Grasso.

Investors and economists are bracing for another possible interest rate hike as the Federal Reserve is set to meet this week. Dion Rabouin, a reporter for the Wall Street Journal, joins CBS News to discuss what another hike could mean for the U.S. economy.

The goal of the Federal Reserve is to cut inflation by getting consumers to reduce their spending.

Joyce Chang of the investment bank says a 75 basis point hike is the "peak for the pace of the Fed hikes."

How does raising interest rates fix supply chain issues? Oh wait, it doesn’t, and jpow admitted that. The American system is a joke and it’ll need a miracle to survive

Treasure Coast realtors react to the Federal Reserve raising interest rates once again

The Fed is expected to hike interest rates by three-quarters of a percent on Wednesday. .

The Federal Reserve is expected to increase interest rates on Wednesday in an effort to combat inflation.

Officials have signaled the hike will be at least three quarters of a percentage point.