Federal Reserve Chair Jerome Powell said interest rates could climb higher than what experts had first predicted. He testified on Capitol Hill on Tuesday as inflation remains stubbornly high. CBS News reporter Sarah Ewall-Wice discussed Powell’s latest comments on possible rate hikes and on the looming debt ceiling crisis.
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Americans are encountering more problems with companies’ products and services than ever before, and a higher proportion of them are actively seeking “revenge” for their troubles, a new study has found. Some 74% of the 1,000 consumers surveyed said they had experienced a product or service problem in the past […]
