BBCNEWS World Business Report June 4, 2024 04:39:00
Everyone knows that chips are causing car prices, and home prices and appliance prices to go up. they are going to start coming down with these investments and chips. this comes as the federal reserve announces another big hike in interest rates as it battles to control inflation. the fed says it's raising its key rate by three quarters of a percent for the second month in a row — targeting a range of 2.25% to 2.5%. here's the chair of the federal reserve — jerome powell. the economy in the country have been through a lot over the past 2.5 years and had proved resilient. it is essential we...