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WASHINGTON, DC - MARCH 07: Federal Reserve Chair Jerome Powell testifies before the Senate Banking Committee March 7, 2023 in Washington, DC. Powell spoke on the state of the U.S. economy and suggested that interest rates will need to stay higher for longer than expected in order to curb inflation. (Photo by Win McNamee/Getty Images) Win McNamee/Getty Images hide caption

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Win McNamee/Getty Images

The Fed's new dilemma: Protect banks or fight inflation?

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Francesco Carta fotografo/Getty Images

President Joe Biden delivered remarks at an event in the Port of Los Angeles, touching on inflated gas prices. Mario Tama/Getty Images hide caption

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Mario Tama/Getty Images

What's causing inflation? One expert walks through some of the factors

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