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These other television providers, giving you a front row seat to democracy. The Federal Reserve has decided to raise Interest Rates by another three quarters of a percentage point to fund inflation. This is the sixth rate hike this year. Jerome powell wage growth and concerns of a recession. This is 45 minutes. Jerome good afternoon my colleagues and i are strongly committed to bringing inflation down to the 2 goal. We have the tools that we need and the resolve that it will take to restore price stability on the behalf of American Families and businesses. Price stability is a responsibility o...

Cspan is your unfiltered view of government. We are funded by these companies and more, including cox. We are providing lower income students access to affordable internet so that homework can just be homework. Cox, along with these otr television providers, giving you a front row seat to democracy. The Federal Reserve has decided to raise Interest Rates by another three quarters of a percentage point to fight inflation. It is the sixth hike this year. Federal chair Jerome Powell announced this at a news conference. It is 45 minutes. Price stability on the behalf of American Families and busin...

Jerome good afternoon my colleagues and i are strongly committed to bringing inflation down to the 2 goal. We have the tools that we need and the resolve that it will take to restore price stability on the behalf of American Families and businesses. Price stability is a responsibility of the Federal Reserve serves as a bedrock of the economy. Without the price stability the economy does not work for anyone. Particularly without price stability we will not achieve a sustained period of strong Labor Conditions to benefit all. Today the fomc raised the policy Interest Rate i 75 basis points and w...

Raising 75 basis points as expected, the Fourth Meeting in a row theyre doing that it is interesting though the statement added this line, saying that the fed anticipates ongoing rate increasing will be appropriate to get inflation back to the 2 foal. Then the statement says this, in determining the pace of future increases in the target range the committee will take into account cumulative tightening Monetary Policy, the lags which Monetary Policy affects the Economic Activity and inflation in economic and financial developments. The Federal Reserve statement says they will see modest growth....