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CNN CNN Newsroom July 7, 2024

historic inflation. the decision will likely produce ripple effects on your personal finances and the economy in the months to come. cnn s matthew gin et joins us. we ve been awaiting this decision, what has the fed said? 75 basis points, the fed just delivered another massive interest rate hike, designed to put this inflation fire out. that means higher borrowing costs. this is the fourth straight interest rate hikes. this is historic. we ve never seen drastic actions like this under janet yellen. we never saw this from ben bernanke, or even alan greenspan. you have to go back to the early 80s under paul volcker. i think this says how stubborn the inflation has been. the fed s statement, which is watched very closely, is basically identical to last month, except for one key part. the fed reiterated that ongoing interest rate hikes are likely to be appropriate, but they added that this is going to be the case in order to get policy restrictive enough to get inflation ....

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CNN CNN Newsroom June 4, 2024 18:09:00

Raising inflation. you drive a car not by looking out the back window. that shows us a high inflation, but by looking forward, when we look forward, the fed s own forecast is seeing inflation coming down dramatically over the next year or so. not rates they re comfortable with, but hopefully over time, we will talk about inflation so much. that, i think, is part of the case for raised rates a bit, let s see how far inflation will fall. factors like ukraine, the parch, supply chain disruptions start to become less of an influence. justin wolfers, catherine rampell, and matt egan, we appreciate your analysis. thank you. moments from now, president biden will deliver remarks on his administration s plan to expand the workforce and create a pipeline of employees for specialized fields. phil mattingly joins us now. phil, explain what that even ....

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Detailed text transcripts for TV channel - FOXNEWS - 20170305:12:37:00

Meanwhile, president obama right there on tape was saying i want to work with vladimir. i ll have more flexibility to cut deals with him. when medvedev settled transmit that message. pete: where is the headline from the failing new york times, an anonymous source with headlines about conspiracy and scandal with the obama administration. there is a reset button and it was broken. abby: the story goes on. president trump suspends controversial h. one b. visa applications for the non-immigrant visa allows u.s. companies to hire foreigners in specialized fields. critics say they have been abused or outsourcing firms putting american workers. the suspension will help reduce a backlog of lawn visa decisions. will take effect april 3rd and could last up to eight months. ....

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