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Transcripts For CNN CNN Newsroom With Ana Cabrera 20240707



the prices down. first, what more can we expect with this decision from from the fed next hour? bottom line what does it mean for american families? reporter: i think hearing from powell will be highly scrutinized. i think economic projections. we will hear how fed officials are feeling about the state of our economy, not just right now but also for years to come in terms of things like gdp growth, inflation for sure. also unemployment, the battle of the bar here for short is interest rates. if you take a look at interest rates over the last few years, you can see they were pretty much at zero during the pandemic as the federal reserve tried to encourage borrowing and spending. now rates are on the way up. the first hike was in march. then we saw rate hikes last may, last month. we know they are on their way up. i think what s parent to know is there is wide consensus there is much more ram to go in terms of where we see notes go. we put out a note yesterday ultimatel ....

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Transcripts for CNN CNN Newsroom With Ana Cabrera 20240604 17:09:00

The oldest national park in america closed to the public. ana. nick watt there in gardner, montana, thank you. roads and bridges, in some cases houses, washed out by this historic flooding in montana. you see this image by now, it s cru incredible how powerful the water is. so many people have been forced to evacuate, some have been tapped without great safety water. the manager in park county, montana, that video was taken in park county, greg, give us an update on what you are seeing right now. have you seen anything like this be every? no, this is definitely record flooding surpassing what we experienced in 97/ 98. we started out early monday morning and the flood waters isolated many of our communities, coat city, silver gate, gardner, silver basin, the ....

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