MSNBC Katy Tur Reports July 7, 2024
good to be with you. i'm chris jansing in for katy tur. as we come on the air, the federal reserve has just spoken. i am told they are raising interest rates three-quarters of a point as the fed hopes to cool off the economy, slow down growth and in turn control inflation. that change can't come fast enough. inflation is at yet another record high, 9.1%, but this key question remains. will it help americans who are clearly hurting? the average cost of groceries has skyrocketed. a dozen eggs, $1.07 more expensive than last year. milk is now $4.15 a gallon, a nearly 60% increase from t...
Source: archive.org