Watch CBS News

Federal Reserve raises interest rates for ninth straight time

Name: Federal Reserve raises interest rates for ninth straight time
Uploaded: 2023-03-22T17:22:00-0500
Duration: 2 min 38 s
Description: The Dow closed down more than 530 points as the fed raised rates by a quarter of a percentage point.

The Dow closed down more than 530 points as the fed raised rates by a quarter of a percentage point.