Shoppers impacted as feds raise interest rates

Name: Shoppers impacted as feds raise interest rates
Uploaded: 2022-07-27T23:10:00-0400
Duration: 2 min 16 s
Description: With inflation at a 40-year high, the feds raise interest rates 0.75 percent, and that means it will cost more to borrow money. CBS2's Dick Brennan explains how it impacts shoppers.

With inflation at a 40-year high, the feds raise interest rates 0.75 percent, and that means it will cost more to borrow money. CBS2's Dick Brennan explains how it impacts shoppers.