KGO ABC World News Tonight With David Muir June 4, 2024 22:34:00
What's driving inflation. global supply chain issues, with covid and the war in ukraine. and the effects on oil prices globally and here at home. president biden tonight sending a letter to the major oil companies today urging them not to worsen the pain and trying to get them to produce more. tonight, how this new move from the fed will effect american families immediately. abc's chief business and economics correspondent rebecca jarvis leading us off. >> reporter: tonight, with americans facing historic inflation and record high gas prices, the federal reserve increasing interest rates by 0....