Krer Creamed News Today : Breaking News, Live Updates & Top Stories | Vimarsana

control. inflation hit 8.6% last month, the hottest inflation since 1981. the fed meets later today. fed funds futures markets are pricing in 0.75 point rate hike to curb inflation. the "wall street" journal reporting the fed is likely to make a move larger than the 50 basis point move a few days ago. a terrible day yesterday, a terrible two days. cnn's claire severe webastian i london. is there stability in europe? >> a little bit more stability today in europe and asia as they continue to sort of digest the falls that we saw those inflation fears out of the u.s. a mixed picture. as...

Mania who bought flying car stocks and whatever, and those stocks are in a sharper bearing market. the speculative stuff that thrived on cheap money has gone poof and ccryptocurrency, let's even get into that. >> krer creamed. your newspaper is reporting that the fed could raise rates as much as 75 basis points when it meets this week. that hasn't since 1994. warranted, you think? >> well, the fed felt it was behind the curve. who is to say? that's the thing about economics is you can't replay it and see -- look at in ten years and say what if they just raised by half a percentage point. based...