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Fed chair says interest rate hike unlikely

Name: Fed chair says interest rate hike unlikely
Uploaded: 2024-05-01T18:05:00-0400
Duration: 3 min 3 s
Description: The Federal Reserve announced Wednesday it is leaving interest rates unchanged. Rates are the highest they've been in more than twenty years. CBS News senior business and technology correspondent Jo Ling Kent joins to discuss.

The Federal Reserve announced Wednesday it is leaving interest rates unchanged. Rates are the highest they've been in more than twenty years. CBS News senior business and technology correspondent Jo Ling Kent joins to discuss.