Today On Deadline is taking a deep exhale as the Federal Reserve gets ready to cut key interest rates for the first time since they began a historic climb to where they currently sit. These rate cuts have been a long time coming. Inflation first began to run rampant in mid 2021 amidst the changing presidencies, and the COVID-19 pandemic, which stalled the supply chain and threw other wrenches into the economic system. By Early 2022 the Russian invasion of Ukraine became one more factor that created a perfect storm of inflation issues. Here's where things are today. ‘On Deadline’ is hosted and produced by Lauren Barry. It’s also produced by Joe Hiti, Christy Strawser. Sound design by Joe Hiti.