MSNBC MSNBC Reports June 4, 2024 15:21:00
On line here in america. >> right, and there is no switch you can flip to do that quickly. dom, let's talk about the fed announcement today. i struggled in my econ classes in high school and college. what is this federate hike going to do to the wallets of average americans? to people's savings. how can folks look at what can seem like a faraway issue that is going to effect them quickly i man no in a rising rate environment savers benefit. you might have seen notices from your bank saying hey your savings rate has gone up by this fraction of a percentage point. meanwhile, if you are a borrowe...