CNN CNN Newsroom With Pamela Brown June 4, 2024 22:46:00
The fed just raised interest rates to 3.25%. it's said they may have to raise them to as much as 4.50%. my mum remembers when they raised rates well over 15%. it is going to affect extra money families have left after paying their mortgage. it is going to be harder to get a mortgage. that pain is real. we should also note that the unemployment right now is just about at a 50-year low. most people that want jobs can get them. some parts are performing well, some parts are performing poorly. there's a tradeoff between the two. that's the linkage you were talking about. >> what do you think peopl...