CNN CNN Newsroom July 7, 2024
historic inflation. the decision will likely produce ripple effects on your personal finances and the economy in the months to come. cnns matthew gin et joins us. weve been awaiting this decision, what has the fed said? >> 75 basis points, the fed just delivered another massive interest rate hike, designed to put this inflation fire out. that means higher borrowing costs. this is the fourth straight interest rate hikes. this is historic. weve never seen drastic actions like this under ...
Source: archive.org