KNTV NBC Nightly News With Lester Holt June 4, 2024 00:08:00
Steve patterson, thank you. in the battle against inflation, the fed raised interest rates again today by another half point. while that was less than previous rate hikes, the fed chairman says increases must continue inflation could become intrenched. here is tom costello with that. >> reporter: from factory floors to farms to main street usa, every interest rate hike ripples through the economy affecting every day americans. near philly, small business eric and christopher makes silk screen pillows and totes. they'd like to expand but higher rates are making a small business loan too expen...
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