Fed Chair Jerome Powell signals another interest rate hike could be coming
4:32
CBS News
Fed Chair Jerome Powell signals another interest rate hike could be coming
Robert C. Hockett, a law professor at Cornell University, joined CBS News to discuss how another interest rate hike could impact the economy. This comes after Federal Reserve Chairman Jerome Powell hinted this week that yet another hike could be coming. Hockett also evaluates the importance of the strong labor market amid high inflation.
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