CNN CNN Newsroom With Poppy Harlow and Jim Sciutto December 15, 2021 14:45:00
Holding its breath. why? big meeting this afternoon, waiting for federal reserve chair jerome powell to give a policy update later today. he's expected to announce a dramatic shift that would clear the way for the first interest rate hike in the new year. >> the fed is also set to assure people that there is no reason to panic about rising prices. this despite growing and understandable concerns over inflation. people are seeing them. cnn chief business correspondent christine romans is covering. the fed has a couple of tools here, right. one is buying all the bonds and they already started to...