Nmat Egan News Today

Hey there. im victor blackwell. welcome to "cnn newsroom". >> im bianna golodryga. any moment the federal reserve will reveal how much it will increase interest rates. it will impact how much money it will cost to borrow for car, loans. >> there are signs the feds method may be working with inflation metrics cooling recently. cnns mat egan is outside the central bank. matt, do we have a decision? >> we do. 50 basis points. the fed delivered its seventh straight interest rate hike, but decided to...

Further invading ukraine. weve heard from many analysts they dont believe that they will, but theyre working to bring back the markets from the brink. >> so lets bring in cnns nmat egan. how is this affecting markets today? >> markets have been on a roller coaster ride. within minutes we saw stock futures tumble and ole prices spike. but they both reversed. the dow is actually up 100 points. its basically closing about 1,000 points higher than its worst point of the day. >> is that after preside...