Federal Reserve raises interest rates by 75 basis points
Video Credit: Rumble - Duration: 07:18s - Published
Federal Reserve raises interest rates by 75 basis points
Yahoo Finance reporter Brian Cheung breaks down the Federal Reserve's latest rate hike and what the central bank may do going forward as they combat inflation
The Dow Jones Industrial Average closed more than 1,000 points lower on Friday after Federal Reserve Chairman Jerome Powell foreshadowed further interest rates hikes to combat inflation.
Federal Reserve Warns , No End in Sight for , Inflation and Economic Pain.
On August 26, Federal Reserve Chair
Jerome Powell said that inflation in the United States
is likely to continue "for some..
Credit: Wibbitz Top Stories Duration: 01:30Published
On Friday at 10am Eastern, Federal Reserve Chairman Jerome Powell will be speaking at the Jackson Hole Economic Symposium. This speech will be closely watched by investors for indicators on how much..