CNN Inside Politics With John King December 16, 2021 17:41:00
He is here so explain, matt, the fed will raise interest rates three times next year. wall street likes it. what about main street? >> well, john, this is a major policy shift from one of the world's most powerful institutions, and it will impact virtually all americans. to really understand it though, we have to flash back to march of 2020 when the world is falling apart. the fed came to the rescue with unprecedented support for the economy. it cranked up support for a 10 out of 10, and it worked. there was no financial crisis. credit kept flowing. there were no bankruptcies, no big bank fail...
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