Federal Reserve Chair Jerome Powell is speaking about interest rates after two years of hikes by the Fed, impacting various loans for Americans. While inflation has cooled, the Federal Reserve has previously said it has a 2% target for inflation, which is relative to pre-pandemic levels.
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Federal Reserve Chair Jerome Powell is speaking about interest rates after two years of hikes by the Fed, impacting various loans for Americans. While inflation has cooled, the Federal Reserve has previously said it has a 2% target for inflation, which is relative to pre-pandemic levels. #news #economy #inflation CBS News Streaming Network is the premier 24/7 anchored streaming news service from CBS News and Stations, available free to everyone with access to the Internet. The CBS News Streaming Network is your destination for breaking news, live events and original reporting locally, nationally and around the globe. Launched in November 2014 as CBSN, the CBS News Streaming Network is available live in 91 countries and on 30 digital platforms and apps, as well as on CBSNews.com and Paramount+. Subscribe to the CBS News YouTube channel: https://youtube.com/cbsnews Watch CBS News: https://cbsnews.com/live/ Download the CBS News app: https://cbsnews.com/mobile/ Follow CBS News on Instagram: https://instagram.com/cbsnews/ Like CBS News on Facebook: https://facebook.com/cbsnews Follow CBS News on Twitter: https://twitter.com/cbsnews Subscribe to our newsletters: https://cbsnews.com/newsletters/ Try Paramount+ free: https://paramountplus.com/?ftag=PPM-05-10aeh8h For video licensing inquiries, contact: licensing@veritone.com