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KPIX CBS Evening News With Norah ODonnell June 4, 2024 22:33:00

Signals it is meeting the growing inflation crisis head on. its a bold attempt to throw cold water on a white-hot economy. >> it is essential that we bring inflation down. >> reporter: the aggressive move from the central bank today is urgent, according to fed chair jerome powell. >> inflation is, obviously, surprised to the upside over the past year, and further surprises could be in store. >> reporter: the last time the feds raised rates three-quarteres of a percent was in 1994, when inflation...
Central Bank Head On Fed Chair The Last Time Jerome Powell Haven T

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