Where would inflation be if the Fed didn't raise rates?

Chuck Zodda and Marc Fandetti wonder where inflation would be today if the Fed didn't raise rates. 'Almost all loans are bad' - Why banks aren't lending. Chuck calls BS to that. A 3% mortgage rate in a 7% world? Startup, Roam, says it can do that. Are lender assistance programs like Zillow's the future of home buying? Ted Rossman, Bankrate, joins the show to chat about how the holiday spending habits have shifted over the past couple of years.