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Transcripts for KNTV NBC Nightly News With Lester Holt 20240604 01:41:00

hours to attract workers. come whenever you want, stay as long as you can or as short as you can, and we try to pay at the end of the shift. reporter: the fear tonight, with higher prices, higher housing costs, the higher wages, the fed poised to raise rates again, the country could be pushed into a recession. you ve got workers that finally got out of the cold and into the warmth of rising wages, and now they re getting burned by inflation. having to take on an extra job to make ends meet tom, given today s economic news, does that change expectations that the fed will raise interest rates next week reporter: analysts generally still believe the fed will raise rates by half a point next week and continue raising rates this year because it needs to get inflation under control. but higher rates mean new loans, mortgages, rents, and credit cards will get more expensive as well, lester. meanwhile, tom, apple and amazon both reported earnings after the bell today what do those

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