How the Fed's interest rate hike could impact your wallet
June 16, 2022
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8:07Now PlayingHow the Fed's interest rate hike could impact your wallet
YouTube Description
as posted by the channelThe Federal Reserve announced Wednesday it is raising its benchmark interest rate by three-quarters of a percentage point, the sharpest hike since 1994. CBS News correspondent Carter Evans reports on the decision. Then, Megan Greene, global chief economist for the Kroll Institute and a senior fellow at the Harvard Kennedy School, joins CBS News to discuss how the increase could affect the consumers.
#news #federalreserve #interestrates
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