CNN CNN Newsroom With Poppy Harlow and Jim Sciutto March 17, 2022 13:51:00
Week. that's a good number and one of the reasons i think we see the fed comfortable enough to raise interest rates. they raised interest rates by a quarter basis point. a quarter of a percentage point. this is a very strong jobs market, strong economy. interest rating to fight inflation. the interest rate hike might sound like econo-babble at home but it isn't, it means things are going to change for you. mortgages, equity lines, credit are going up 4% now. credit cards, student debt, car loans, borrowing money isn't going to be next to zero, but more and probably going to happen throughout t...
Source: archive.org