WASHINGTON, D.C.(WNAX)- Inflation is now running at a pace of about seven and a half percent, causing price hikes in many products.
South Dakota Congressman Dusty Johnson says the federal government is a big part of the problem.
Johnson says there are ways to slow down the price rises.
Johnson says the Federal Reserve Board should raise interest rates.
The Fed is expected to increase the prime interest rate at their meeting later this month.