HomeFinanceHow the Federal Reserve’s interest rate hike will affect Americans

How the Federal Reserve’s interest rate hike will affect Americans


The Federal Reserve announced a 0.25% interest rate hike — the first increase since 2018. The Wall Street Journal’s chief economics correspondent Nick Timiraos, author of “Trillion Dollar Triage: How Jay Powell and the Fed Battled a President and a Pandemic and Prevented Economic Disaster,” joins CBS News to explain what this means for American consumers.

#News #InterestRates #Economy

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