MSNBC Jose Diaz-Balart Reports June 4, 2024 14:02:00
Through this transition stronger and more secure. also this morning, we learned that 256,000 people filed first-time unemployment claims last week. that's a slight decrease from the week before. this comes one day after the federal reserve raised its benchmark federal funds rate by three-quarters of a percentage point. it's the fourth rate hike this year. here's what this means for you. it is more expensive to borrow money for a mortgage, a car loan, a student loan and your credit card interest rate is about to go up. federal reserve chairman jerome powell insists the economy is not in a reces...