Congress Debates Raising Debt Ceiling as Inflation Concerns Rise and Stocks Fall
- The House of Representatives could vote next week on a deal to raise the debt ceiling.
- A Federal Reserve official warned that inflation is still far below the Fed's 2% target.
- U.S. stocks opened lower amid concerns the Federal Reserve may raise interest rates.
- Target's stock was the worst performer in the S&P 500 today.
- Live coverage and analysis was provided on the debt ceiling debate, the Fed, and the stock market.