CNN CNN Newsroom Live February 28, 2022 09:12:00
Growth. i don't know how we're going to continue to finance our bureau quite frankly. there are 20 million people who live in poverty, millions more who live pay to to paycheck, migrants from kyrgyzstan and uzbek. they'll be wiped out. people will be suffering with enormous inflation. >> max there from the financial times speaking with me earlier. cnn's eleni giokos joins us to talk more about this. this is a serious uptick, isn't it? >> reporter: absolutely. i mean, look, when you hike interest rates, it does two things. it makes money more expensive. your loans, your mortgage becomes unaffor...