FOXNEWS America Reports June 4, 2024 17:35:00
Critical. thank you. >> sandra: fox news alert, moments away from a federal reserve announcement on interest rates. it could be a decision to raise rates the most that we have seen in nearly 30 years. 28, to be exact. announcement coming days after new inflation data showed a sharp up-tick. economic side effects could be the largest in decades. bob nardelli, sometimes you say the federal reserve rate hike decision and people's eyes glaze over. what do people need to know about the decision we are about to see announced the top of the hour. how will it affect them? >> well, sandra, it will have...