Fed likely to hike interest rates amid soaring inflation

FAN Editor 3 years ago

Fed likely to hike interest rates amid soaring inflation – CBS News

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The Federal Reserve is expected to respond to inflation with another interest rate hike this week. CBS News correspondent Meg Oliver reports on the predicted increase. Then, Aaron Weinman, a finance correspondent for Business Insider, joins Elaine Quijano to discuss the impact of another hike on consumers.

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