FOXNEWS Your World With Neil Cavuto July 7, 2024
this is your well red world. a lot of major averages down on the prospect that we're looking at higher rates down the road. we got our third 3/4 hike in a row with signs that year's end, rates could be a point to a point 1/4 higher than they are right now. we're north of 4%. some wondering if that is enough to deal with inflation that is double that. let's get the read on what happens today and why. jackie deangelis. jackie? >> good afternoon. this is the fed's fifth rate increase this year. it's the fourth increase in a row. as you pointed out, the third time the market is seeing 3/...