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Federal Reserve shows greater concern for inflation than expected, causing market decline. Fed officials dampen hopes for rate cuts.
Stocks initially rose on positive jobless claims report, but dropped later as Fed officials expressed doubts about interest rate cuts this year.
♪ hold to that feeling. jillian: everyone's favorite are college bar song. isn't that what that is? rob: a beautiful morning there in washington. jillian: it is. rob: president back from the big trip over the weekend g-20. met with vladimir putin, xi jinping. angela merkel. probably tired a little jet lag. jillian: time to get back to work. rob: a police officer helps are a stolen car. right outside her house in massachusetts. cops stepped in and helped build her a new one. thanks with a hug and box of chocolates. jillian: so sorry for your loss, think of you during this difficult time. the ...