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Transcripts for CNN CNN Newsroom With Poppy Harlow and Jim Sciutto 20220125 14:54:00

overcome. doing it for the right reasons. raising interest rates because it tried to tackle inflation. some concerns it might be behind the curve on that. the fed not expected to move this week, guys but maybe up to four rate hikes this year. we ll hear from the fed this week having a policy meet and i m expecting they ll lay out very clearly what they want to do here in the coming weeks and months. they don t want to surprise wall street and they don t want to roil the recovery. the obstacles, there s so many of them. new rate hike regime, this is going to be a very different kind of scenario for investors. these russia ukraine tensions are not good for certainty on wall street. we ve had blockbuster earnings for a year or so. it could be more mixed here as companies are really dealing with inflation and supply chains that are more messed up for longer, and this is all kind of unraveling at the same time here. a couple of years of very good stock market gains, spectacular,

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