Federal Reserve announces fourth interest rate hike of the year
July 27, 2022
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14:16Now PlayingFederal Reserve announces fourth interest rate hike of the year
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as posted by the channelThe Federal Reserve, as expected, announced it is raising interest rates by three-quarters of a percentage point to help tamp down inflation. CBS News' Tanya Rivero and Christina Ruffini get analysis of the economic and political impact from Ted Rossman, senior industry analyst at Bankrate.com; CBS News political correspondent Caitlin Huey-Burns; and Michelle Singletary, Washington Post personal finance columnist.
#news #federalreserve #interestrate
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