MSNBC Stephanie Ruhle Reports January 27, 2022 14:01:00
Quarter are fantastic, shows that the u.s. gross domestic product grew at a 6.9% annual rate at the end of 2021. that is significantly better than analysts expected. remember, omicron did not really hit until the end of the quarter, in december, meaning the report doesn't show the full scope of the economic picture right now. at the very same time, fed chairman jay powell says he's expecting to start raising interest rates in march, stressing the fact that the fed will need to be, quote, humble and nimble as it tries to bring down inflation. for everyday americans out there, here's the immedia...