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CNN At This Hour With Kate Bolduan July 7, 2024

nearly three decades. all, of course, in an effort to slow slowing inflation. in hours, the fed expected to announce raising rates by 0.75. that will make it more expensive to pay for things like a mortgage. the biden administration under growing pressure to do more to avoid a recession. retail sales fell last month. consumers feeling the squeeze from the record high gas prices, inflation and already rising interest rates. let s begin our coverage with cnn s matt egan live in washington taking a closer look at the fed s big move expected today, matt. reporter: erica, this is shaping up to be an historic day for the american economy. in just under three hours, the federal reserve is expected to take aggressive action to try to tame inflation. prices surging so rapidly that economists and investors now expect the fed to raise interest rates by 0.75%. this is a big deal. some context, just six months ago or so, there was a debate over whether or not the fed would raise i ....

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CNN At This Hour With Kate Bolduan June 4, 2024 15:01:00

Nearly three decades. all, of course, in an effort to slow slowing inflation. in hours, the fed expected to announce raising rates by 0.75. that will make it more expensive to pay for things like a mortgage. the biden administration under growing pressure to do more to avoid a recession. retail sales fell last month. consumers feeling the squeeze from the record high gas prices, inflation and already rising interest rates. let s begin our coverage with cnn s matt egan live in washington taking a closer look at the fed s big move expected today, matt. reporter: erica, this is shaping up to be an historic day for the american economy. in just under three hours, the federal reserve is expected to take aggressive action to try to tame inflation. prices surging so rapidly that economists and investors now expect the fed to raise interest rates by 0.75%. this is a big deal. some context, just six months ago or so, there was a debate over whether or not the fed would raise interest rates by ....

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